Today’s Best Market Rumors (11/16/2009) (DVN)(NVDA)(C)(AAPL)

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By Douglas A. McIntyre Updated Published
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Updated throughout the day.

Updated 12.43 PM EST:  Apple may hire its own video game developers to create iPhone and iPod products  (Apple Insider)

Updated 11.57 AM EST:  Devon Energy (NYSE:DVN) may sell its international operations to interests in China  (NYT)

Central banks will be net purchasers of gold for the first time in decades  (CNBC)

Goldman Sachs (NYSE:GS) wants to expand it wealth management operation (Investment News and Business Insider)

Nvidia (NASDAQ:NVDA) has started to complain about Intel’s (NYSE:INTC) just as the world’s largest chip company settled antitrust issues with AMD (NYSE:AMD)

Intel plans to release powerful new notebook chips in January. (Digitimes)

Microsoft (NASDAQ:MSFT) will launch a Zune music and movies brand outside the US to try to challenge Apple (NASDAQ:AAPL) in the mobile content business.  (FT)

JPMorgan (NYSE:JPM) is trying to buy the 50% of management firm Cazenove Group that it does not already own for $1.7 billion.  (Bloomberg)

Citigroup (NYSE:C) has rejected Terra Firma Capital’s offer to restructure EMI Group. (WSJ).

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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