Today's Best Market Rumors (11/3/2009) (CHU)(AAPL)(LGF)

Updates throughout the day.

Updated 10.33 AM EST: Royal Bank of Scotland may have to divest its majority interest in the RBS Sempra Commodities joint venture. (The Deal)

Bank of America (NYSE:BAC) may allow its CEO to be located in NYC and not the company’s headquarters in Charlotte (Bloomberg)

Fiat’s deal with Chrysler may end up helping the Italian company more than it does the American one. (Forbes)

Several states hard hit by the real estate downturn are considering suing large mortgage lenders.  (NYTimes)

GM’s board may decide the fate of Opel today.  (AP)

The New York State Pension Fund will put $1 billion into hedge funds  (Crain’s NY)

Studio Summit Entertainment may be a buy-out target for a larger studio like Lions Gate  (NYSE:LGF)  (LATimes)

China Unicom (NYSE:CHU) has only sold 5,000 Apple (NASDAQ:AAPL) iPhones. (Reuters)

Douglas A. McIntyre