Investing
Today's Best Market Rumors (10/20/2009) (NWS)(NVDA)(BCS)
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Updated throughout the day.
Updated 12.33 PM EST: The CIA will start spying on social media activity (CNET)
Updated 10.15 AM EST: Oil could hit $175 a barrel by 2016 making oil-realted stocks a bad investment. (Barron’s)
Bank of America (NYSE:BAC) and Barclays (NYSE:BCS) are refusing to trade with faltering hedge fund Galleon (WSJ)
Former News Corp (NYSE:NWS) No. 2 Peter Cherin is advising Comcast (NASDAQ:CMCSA) on its bid to buy NBCU from GE (NYSE:GE) (NYTimes)
Boeing (NYSE:BA) will post poorer-than-expected quarterly results (TheStreet.com)
Q4 GDP growth could jump to 5.5 % (Forbes)
Google (NASDAQ:GOOG) can search Twitter tweets, even if they have security protection. (Mashable)
As Galleon sells holdings to fund redemptions some of the stocks it holds could come under price pressure. These include Cisco (NASDAQ:CSCO), Dell (NASDAQ:DELL), Nvidia (NASDAQ:NVDA), and eBay (NASDAQ:EBAY) (Barron’s)
Douglas A. McIntyre
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