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The Mill: What’s the Market Saying About Yahoo!, BofA, Apple

In this feature, the Fast pros breakdown chatter in the market and explain why they think it’s more likely fact – or fiction.

Yahoo! Sale May Be in Jeopardy

The chatter: A deal for Yahoo! may be on the rocks after months of speculation about a string of buyers ranging from Microsoft to Google.

Pete Najarian thinks the chatter is more likely false. "It’s an inexpensive company and when you price in Asia assets it seems like there’s something there," he says. "I’d hold the stock but I wouldn’t play options because I think the time horizon is too murky (and options expire)."

Zach Karabell thinks the chatter is more likely true. "The Chinese can’t buy Yahoo’s e-mail business because it would raise communications issues in the US and I think it’s a hard deal to do in pieces."

Bank Of America Debit Fee Plan

The chatter:Now that Wells Fargo and JPMorgan dropped proposed new debit card fees, Bank of America will feel compelled to follow along.

Steve Grasso thinks the chatter is more likely true. “They have to be competitive. If the rest of the herd does it – you do it too.”

Chinese iPhone Delay?

The chatter: China Telecom may delay the introduction of Apple iPhone until as late as mid-2012.

Jon Najarian thinks the chatter is more likely false. “I think Apple and the distribution around the world” remains strong.





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Trader disclosure: On Oct 31, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Najarian is long AAPL; Najarian is long C; Najarian is long MS; Najarian is long INTC; Najarian is long YHOO; Najarian is long MSFT; Najarian is long SNDK; Grasso owns AA; Grasso owns AKS; Grasso owns ASTM; Grasso owns BA; Grasso owns BAC; Grasso owns D; Grasso owns KEG; Grasso owns LIT; Grasso owns MHY; Grasso owns PFE; Grasso owns S; Grasso owns XLU; Dicker owns GLEN.L

For Steve Grasso
Stuart Frankel & Co and it’s partners own (CSCO)
Stuart Frankel & Co and it’s partners own (CUBA)
Stuart Frankel & Co and it’s partners own (GERN)
Stuart Frankel & Co and it’s partners own (HPQ)
Stuart Frankel & Co and it’s partners own (HSPO)
Stuart Frankel & Co and it’s partners own MET
Stuart Frankel & Co and it’s partners own MU
Stuart Frankel & Co and it’s partners own (NYX)
Stuart Frankel & Co and it’s partners own (PFE)
Stuart Frankel & Co and it’s partners own (PRST)
Stuart Frankel & Co and it’s partners own UAL
Stuart Frankel & Co and it’s partners own XRX

For Rich Repetto
Sandler O'Neill was a manager or a co-manager of a public offering of securities for MF Global Holdings Ltd. in the past 12 months. Sandler O'Neill has received compensation from MF Global Holdings Ltd. for investment banking services in the past 12 months. Sandler O'Neill has received compensation from MF Global Holdings Ltd. for providing products or services other than investment banking services in the 12-month period ending as of the second most recent month preceding the date of this report. MF Global Holdings Ltd. was a client of Sandler O'Neill in the 12-month period ending as of the second most recent month immediately preceding the date of this report. During that period, Sandler O'Neill provided investment banking services to MF Global Holdings Ltd..





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