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Published November 4, 2009 at 4:32 PM
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 Welcome to Deal Stocks. In the news Wednesday are General Motors Co., Adam Opel GmbH, Goldman, Sachs & Co. (NYSE:GS), CanWest Global Communications Corp., Walt Disney Co. (NYSE:DIS), Kraft Foods Inc. (NYSE:KFT), Cadbury plc (NYSE:CBY), Bain Capital, Citigroup Inc. (NYSE:C), Bellsystem24, Oracle Corp. (NASDAQ:ORCL) and Sun Microsystems (NASDAQ:JAVA). Stocks rallied Wednesday on rumors that the Federal Reserve will keep the benchmark interest rate at a record low, according to Bloomberg. The Dow finished up 30.23, or .31%, to 9,802.14 while the Nasdaq fell 1.80%, or .10%, to 2,055.52. For more hot stocks, check out the arbitrage charts in The Deal Pipeline (subscription required) or stocktwits.
- New York Attorney General Andrew Cuomo, has filed an antitrust lawsuit against Intel Corp. (NASDAQ:INTC), accusing the computer chip manufacturing company of engaging in a "systematic worldwide campaign of illegal, exclusionary conduct to maintain its monopoly power," in the market for computer chips starting in 2001.
- Time Warner Inc. (NYSE:TWX) posted a third-quarter profit of 61 cents a share, beating analysts expectations, but the media conglomerate's publishing operations continue to struggle.
- The General Motors Co. board voted on Tuesday against selling Adam Opel GmbH, angering the German government and adding another twist to the long-running saga of the company's primary European unit. (The Deal Pipeline subscribers can read the full story here.)
- Goldman, Sachs & Co. (NYSE:GS) is waging a court battle to keep its profitable cable TV joint venture with troubled Canadian media group CanWest Global Communications Corp. out of the clutches of CanWest's creditors. (The Deal Pipeline subscribers can read the full story here.)
- The Walt Disney Co. (NYSE:DIS) won government approval to build a theme park in Shanghai, giving the world's largest media company access to consumers in mainland China's richest city.
- Bain Capital has won exclusive rights to negotiate with Citigroup Inc. to buy its Japanese telemarketer Bellsystem24, in a deal that could be worth more than $1 billion, three people with knowledge of the transaction told Reuters.
In economic news: - ADP Employer Services reports that private employers shed 203,000 jobs in October, according to CNBC.
- The Institute for Supply Management reported its gauge of the services sector fell 50.6 in October, according to Bloomberg.
- The Mortgage Bankers Association said applications for home loans increased as interest rates fell, according to CNBC.
- George White, Maria Woehr and Gerald Magpily
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VITAL SIGNS |
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Figures are calculated
according to the latest stock data available at approximately 4:00 pm
ET |
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November 4, 2009 |
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Benchmark |
Spread |
Change from previous day |
1 week ago |
1 month ago |
1 year ago |
|
LIBOR 1-MONTH |
0.24 |
+0.000 |
0.24 |
0.24 |
2.18 |
|
LIBOR 3-MONTH |
0.28 |
-0.001 |
0.28 |
0.28 |
2.71 |
|
TED |
0.22 |
-0.041 |
0.21 |
0.19 |
3.36 |
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Exchange |
Average |
Change from previous day |
1 week ago |
1 month ago |
1 year ago |
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VIX |
27.89 |
-0.92 (-3.19%) |
27.91 |
29.34 |
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T-bond |
Current Price/Yield |
Price/Yield change |
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3-Year |
99-27+ / 1.42 |
0-00 / .000
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5-Year |
100-00+ / 2.37 |
-0-02+ / .017 |
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10-Year |
100-27+ / 3.52 |
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