Today's Best Market Rumors 9/25/2009 (GE)(TM)(F)(JPM)(AAPL)

Investing

Published: September 25, 2009 9:39 am

Last Updated: April 28, 2020 7:47 am

Update: Verizon (VZ) may consider buying DirecTV (WSJ)

Update: The Apple (AAPL) iPhone will cost an extraordinarily high $303 in China but the monthly service fee will be as low as $18.45 on the China Unicom (CHU) network. (Fortune)

Update: Contrary to other rumors, Palm (PALM) will launch its new Pre handset with Verizon Wireless (VZ)(VOD) (Barron’s)

newspaper GE (GE) would consider an offer for NBC, at a premium price. (MarketWatch)

Domestic auto sales will fall 41%in September compared with August. Ford (F) sales will drop over 39%. GM’s 38%, Honda’s (HMC) 45%, and Toyota’s (TM) by 42% (Edmunds)

Parts companies may not supply Chrysler with parts for its new models because the margins will be too low. (WSJ)

UK-based Guardian News and Media may sell its US PaidContent online business. (Daily Finance)

Apple (AAPL) will produce a new iMac in a few weeks. (AppleInsider)

JPMorgan (JPM) may face legal liabilities related to Washington Mutual. (TheStreet).

Douglas A. McIntyre

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