Introducing the 24/7 Wall St. Wire

Breaking news that can move the market, real-time and in context!

Real-time Company News, Economic Reports, Analyst Calls, Upgrades, Downgrades, Initiations and Key Industry News as it happens.

Blackstone (BX) To Buy 16 Commercial Properties For $800 Million–WSJ

Supercommittee appears unlikely to reach agreement-Washington Post

Microsoft’s (MSFT) Ballmer Gets Low Support In Proxy Vote–Reuters

Silver Lake Closer To Buy Yahoo! (YHOO)–WSJ

Motorola (MMI) Shareholders Approve Google (GOOG) Takeover

Organize Crime May Have Links To Olympus Losses-FT

Commerce Department: Building permits in October ‘11 were 653,000, up 10.9 percent from September ’11

Asia Mixed, Nikkei Up .2% To 8,480, Hang Seng Down .76% To 18,817