Investing

Today's Best Market Rumors (12/11/2009) (PG)(BK)(MSFT)

Updated throughout the day.

Microsoft (NASDAQ:MSFT) will buy Opalis Software  (Barron’s)

Updated 9.47 AM EST  The CEO of Bank of New York (NYSE:BK) is once again a candidate for the top jobs at Bank of America (NYSE:BAC)  (CNBC)

Gartmore may cut the price of its IPO  (MarketWatch)

Light vehicles sold in China hit 12.6 million in 2009 compared to 10.3 million in the US (JD Power)

Lehman is selling two real estate funds (WSJ)

The government may set up a TARP fund for small business (Washington Post)

Citadel Broadcasting is close to filing Chapter 11  (WSJ)

Procter & Gamble (NYSE:PG) bought Sara Lee’s air freshener brands for $700 million (Bloomberg) The deal closed at $470 million.

Douglas A. McIntyre

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.