Today’s Top Rumors (AIB, AAPL, ARMH, MSFT, ODP, RHT, SNE)

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By Jon C. Ogg Updated Published
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The holidays are upon us and the rumors are still active.

Allied Irish Banks plc (NYSE: AIB) depends upon which wire service you read, but reports signal that it could be nationalized as reports are coming out of a recapitalization.  Shares are now down 20% and may challenge the year low of $0.76 for ADRs.

Apple Inc. (NASDAQ: AAPL) is rumored to have a speaker on its iPad 2 from multiple articles.  Why not a back scratching attachment too?

ARM Holdings plc (NASDAQ: ARMH) is still seeing rumors floated that Microsoft Corporation (NASDAQ: MSFT) is going to have an ARM-based version of Windows, although shares are taking a breather in early indications.

Office Depot, Inc. (NYSE: ODP) is indicated to open higher yet again on takeover rumors.

Red Hat, Inc. (NYSE: RHT) rumors of a headquarters move out to the West Coast from Raleigh are being brought up again (TechJournalSouth).

Sony Corp. (NYSE: SNE) is reportedly in talks to buy a Japanese microchip production line from Toshiba for close to $600 million (Reuters).

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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