Investing
Today's Best Market Rumors (11/9/2009) (RAI)(WFC)(NWS)(JAVA)(GE)(S)(CLWR)
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Updated throughout the day.
Updated at 11.49 AM EST: Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg)
Updated at 10.12 AM EST: Wells Fargo (NYSE:WFC) may pay back its TARP funds. (BreakingViews)
Updated at 9.48 AM EST: Rupert Murdoch’s News Corp (NYSE:NWS) may sue the BBC for breach of copyright for “stealing” material from his newspapers. (FT)
It will take a bid of 800 pence to get Cadbury to agree to a Kraft (NYSE:KFT) takeover. The current hostile bid is for 713 pence. (various)
GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to value NBCU at $30 billion (WSJ)
The EU may approved Oracle’s (NASDAQ:ORCL) buy-out of Sun (NASDAQ:JAVA) if it gives up some of its control of the MySQL database software (BusinesssWeek)
The rally in GE’s (NYSE:GE) stock may not last very long. (TheStreet)
China may raise fuel prices this week. (CNBC)
Delta (NYSE:DAL) and American Air (NYSE:AMR) are increasing their pressure on the Japanese government to forge joint ventures with Japan Airlines. (The Deal)
New collaborative software tools from Cisco (NASDAQ:CSCO) will put it into direct competition with Microsoft (NASDAQ:MSFT) (CNET)
Sprint (NYSE:S), Intel (NYSE:INTC), and Time Warner Cable (NYSE:TWC) may put another $1.5 billion into 4G provider Clearwire (NASDAQ:CLWR)
Douglas A. McIntyre
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