| MSCI shares rise on RiskMetrics deal (AP) Shares of MSCI Inc. jumped Tuesday, a day after the company said it had agreed to buy RiskMetrics Group Inc. for about $1.55 billion in cash and stock. us.rd.yahoo.com |
Goldman nominates ex-Wal-Mart CEO for board spot (AP) Goldman Sachs has nominated former Wal-Mart CEO Lee Scott to stand for election to the company's board of directors. Scott was president and CEO of Wal-Mart from 2000 to 2009, and he chairs the company's executive committee. us.rd.yahoo.com |
Honda posts record profit, Mazda reduces loss (AP) Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers. us.rd.yahoo.com |
Blow to CME over futures trading (at Financial Times) CME Group, operator of the Chicago Mercantile Exchange, has suffered a setback in its ability to maintain a virtual monopoly in trading of US futures contracts after regulators rebuffed its attempts to quash a challenge from a Wall Street-backed competitor. us.rd.yahoo.com |
Axa reduces stake in Goldman (at Financial Times) Goldman Sachs' largest investor slashed its stake by more than half in the last quarter as the bank contended with civil fraud charges by US securities regulators and brutal market conditions that crimped its results. us.rd.yahoo.com |