Investing

Today's Best Market Rumors (8/17/2012) Yahoo! COO

Updated throughout the day on the 24/7 Wall St. Wire:

Yahoo! (NASDAQ: YHOO) begins the search for a new COO. (AllThingsD)

The White House may release part of the U.S.’s strategic oil reserve in the event that Iran sanctions push up the price of oil. (Reuters)

Heineken may raise its $6 billion offer for control of Fraser and Neave, which makes Tiger beer. (Reuters)

Sharp may raise money to support its troubled operations. (WSJ)

Douglas A. McIntyre

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