Investing
Today's Best Market Rumors (10/19/2009) (YHOO)(POT)(SYMC)(CME)(AAPL)
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Updated throughout the day
Updated 3.34 PM EST: Consensus figures for Microsoft (NASDAQ:MSFT) earnings may be significantly too high (Barron’s)
Updated 1.14 PM EST: The whisper number for Apple’s (NASDAQ:AAPL) is $1.47 EPS compared to the Wall St. consensus of $1.42 (WhisperNumber)
Update 11.34 AM EST: Yahoo! (NASDAQ:YHOO) is substantially increasing the amount of original content it will run on its websites. (CNET)
Update 11.37 AM EST: GE (NYSE:GE) and Vivendi are $500 million apart on their valuation of Vivendi’s 20% of NBCU (WSJ)
Kraft (NYSE:KFT) will increase its bid for Cadbury from 745 pence to 850 to 900 pence per share before a UK government deadline on November 3 (Reuters)
Blackstone (NYSE:BX) is having trouble raising money for its new $20 billion fund (NYPost).
US authorities are close to filing a number of other insider trading charges against hedge funds (NYTimes).
The CME (NYSE:CME) may buy the CBOE of $5 billion. (Crain’s Chicago Business)
PC makers may have over-built based on higher anticipated sales from Microsoft (NASDAQ:MSFT) Windows 7 (Barron’s)
Symantec (NASDAQ:SYMC) says that tens of millions of US PCs have scam security software (Reuters)
Potash (NYSE:POT) could benefit from rising corn prices. (BusinessWeek)
Apple (NASDAQ:AAPL) iPhone sales may disappoint investors when the company reports earnings (Fortune)
China’s GDP growth rate will be above 8% this year. (Forbes)
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Douglas A. McIntyre
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