Investing
Today's Best Market Rumors (10/16/2009) (AKAM)(KFT)(BRCD)(MSFT)
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Updated throughout the day.
Update 10:41 AM EST: Two traders calling Dendreon Corp. (NASDAQ: DNDN) as a takeover stock, again… We are inclined to treat this as a failed Friday rumor that is trader-generated or chat-room-generated rather than credible as this rumor comes up on many Friday mornings now (and stock is down 1.9%). -Jon Ogg
China car maker SAIC and GM may team up to move into the India market (India Economic Times)
Updated 10.15 AM EST: Google (NASDAQ:GOOG) won’t buy Akamai (NSADAQ:AKAM) (GigaOm)
Apple’s (NASDAQ:AAPL) Mac OSX 10.6 runs faster than Microsoft’s (NASDAQ:MSFT) Windows 7 in new tests. (AppleInsider)
Pirated copies of Windows 7 are already widely available in Chine. (Reuters)
An S&P analyst says Brocade (NASDAQ:BRCD) is not likely to be acquired (Barron’s)
Charles Ward may be the most likely candidateto become CEO of Lazard (NYSE:LAZ) (NYPost)
Pay czar Kenneth Feinberg, may try to cut Bank of America’s (NYSE:BAC) CEO Ken Lewis’s retirement package. (WSJ)
Unilever may bid for Carbury which already is a takeover target for Kraft (NYSE:KFT) (FT Alphaville)
VW may raise $16 billion, probably to retire debt after its Porsche merger. (Bloomberg)
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Douglas A. McIntyre
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