Investing

Today's Best Market Rumors (2/19/2010)

Updated throughout the day.

Dendreon Corp. (NASDAQ: DNDN) and Myriad Genetics Inc. (NASDAQ: MYGN) buyout rumors on options trading (3:45 PM EST). BioHealthInvestor.com says caveat emptor!

Two schools in China are being tied to the cyberattacks on Google (GOOG) and other sites (NYTimes)

Blackstone (BLK) and sovereign wealth funds are in talks to help Simon Properties buy General Growth Properties. (NYTimes)

A number of hedge funds are pulling their investments out of European debt  (WSJ)

Heirs to the founder of the Benihana restaraunt chain are fighting to nix a deal that would include issuing new shares and diluting them. (NYPost)

China is secretly buying US debt (Globe and Mail).

CBS (CBS) will drop the price on some of the TV shows it offers on Apple (AAPL) iTunes to $1 (AppleInsider).

Schlumberger (SLB) is in talks to buy Smith International (Bloomberg)

The Obama Administration may issue an executive order to force banks to keep higher capital ratings, by passing Congress  (FT)

Douglas A. McIntyre

Find a Qualified Financial Advisor (Sponsor)

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

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