Today's Best Market Rumors (11/6/2009) (RTP)(BHP)(BRK.A)

Investing

Douglas A. McIntyre

Published: November 6, 2009 9:17 am

Last Updated: April 28, 2020 7:46 am

newspaper Updated throughout the day.

Citigroup (NYSE:C) will re-launch some of its least successful hedge funds (FT)

The stock market is at risk of not holding 10,000. (TheStreet)

AIG (NYSE:AIG) will not hold a conference call to avoid uncomfortable questions about its balance sheet (The Deal)

Sales of Microsoft (NASDAQ:MSFT) Windows 7 are outpacing those after the launch of Vista (Apple Insider)

Abercrombie & Fitch (NYSE:ANF) are likely to fall sharply (Barron’s)

BHP Billiton (NYSE:BHP) may make another bid to buy rival Rio Tinto (NYSE:RTP) (FTAlphaville)

“Governments may take as long as a decade to cut debt issuance back to the levels before global markets seized up following the collapse of Lehman Brothers Holdings Inc. last year.” (Bloomberg)

Berkshire Hathaway (NYSE:BRK.A) is likely to go through a period of sharp job cuts. (Business Insider)

Douglas A. McIntyre

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.