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Nasdaq third-quarter profit rises

Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, posted a higher quarterly profit on Wednesday, helped by a gain from the sale of its stake in the London Stock Exchange.

Qatar files OMX document, raises chance of bid war

The Qatar Investment Authority filed for regulatory approval to take a bigger stake in OMX on Tuesday, raising the prospect of a bidding war for the Nordic firm with rival Dubai and its ally Nasdaq.

Nasdaq Stock Market to control OMX after bid

Nasdaq Stock Market Inc and Borse Dubai, aiming to muscle out potential rival bidders, boosted an offer for OMX to $4.9 billion on Wednesday and pushed close to a majority stake in the Nordic exchange group.Borse Dubai is offering 265 Swedish crowns ($40.57) per share, up 15 percent from a previous offer of 230 crowns. It has now secured 47.6 percent of OMX in stock or options for shares.

Borse Dubai's OMX sweetener tempts more investors

Nasdaq and Borse Dubai, aiming to muscle out potential rival bidders, boosted an offer for OMX to $4.9 billion on Wednesday and pushed close to a majority stake in the Nordic exchange group.

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OMX says had record trade volume in August

Exchange owner OMX said on Monday that daily trading on its exchanges reached a new high in August, eclipsing a record set in February of this year.

OMX says sent questions to Borse Dubai on bid

Bourse owner and operator OMX said on Wednesday it had sent questions to Borse Dubai about Borse Dubai's $4.0 billion bid for the company, which topped an agreed $3.7 billion deal with Nasdaq.

Nasdaq may link with Borse Dubai in OMX bid: paper

Nasdaq may sell its stake in the London Stock Exchange to Borse Dubai and make a joint bid with the Gulf exchange for Nordic exchange owner OMX, The Daily Telegraph said on Monday.

Temasek approaches Nasdaq to buy LSE stake: report

Singapore's state-owned Temasek Holdings has approached Nasdaq to buy its 30 percent stake in the London Stock Exchange, a newspaper reported on Sunday.

Nasdaq listening to OMX owners, flexible on bid structure

Nasdaq Chief Executive Robert Greifeld said on Wednesday he was listening to OMX owners and repeated the U.S. exchange group was flexible on the terms of its offer for the Nordic firm.

Nasdaq CEO: LSE stake sale to boost OMX bid

Nasdaq expects the sale of its London Stock Exchange stake to boost its stock price and enrich its bid for Nordic bourse operator OMX, target of a higher offer from Borse Dubai, Nasdaq CEO Robert Greifeld said on Tuesday.

Dubai says OMX holders weigh bids and await Nasdaq

Shareholders in OMX are weighing a $4 billion bid by Borse Dubai for the firm and waiting to see whether U.S. rival Nasdaq sweetens its $3.7 billion offer, Borse Dubai's head said on Tuesday.

Investor: Ready to take Nasdaq stock only for OMX

Investor AB is ready to take only Nasdaq shares for its OMX stake under Nasdaq's bid for the bourse firm, a spokesman said on Tuesday, adding that this stance was the same as before Friday's rival offer from Borse Dubai.

OMX Chairman favors Nasdaq's bid: papers

OMX Chairman Urban Backstrom said Borse Dubai's all-cash bid was not more attractive than Nasdaq's share-and-cash bid and called it hostile, newspapers reported on Monday.

Nasdaq seeks to sell LSE stake, focuses on OMX

Nasdaq is abandoning its 797 million pound ($1.58 billion) stake in the London Stock Exchange, five months after its takeover bid failed, as it focuses on buying Nordic exchange operator OMX. Nasdaq Stock Market Inc, which needs overseas acquisitions to gain an international foothold, is locked in a $4 billion bidding war with Borse Dubai for OMX.

Nasdaq says it remains committed to OMX takeover

U.S. stock market Nasdaq said on Friday that it remained committed to its plan to acquire Nordic exchange OMX and urged shareholders to support its bid after a $4 billion rival offer emerged from Borse Dubai.

Borse Dubai bids $4 billion for Nordic OMX

Borse Dubai launched a $4 billion cash offer for Nordic exchange owner OMX on Friday, trumping an agreed deal with U.S. exchange Nasdaq, in a bid to create a group with global reach.

Volvo shares sink on 2Q profit drop

Volvo AB shares dropped 7 percent on Wednesday after the truck maker said second-quarter net profit fell 14 percent as the North American truck market continued to drag on the firmâ€™s otherwise strong demand in Europe and Asia.

Booming IPO market deepens top exchanges' rivalry

A surging U.S. market for initial public offerings has intensified competition between the two largest U.S. stock exchanges for new listings, with both markets campaigning for many of the companies that have recently gone public.

Sandisk up on higher outlook

SanDisk Corp. (Nasdaq: SNDK) reported a lower quarterly profit late Thursday, but a higher gross margin projection sent the stock up nearly 4 percent in Friday trading.

Dubai stock market owner to bid for OMX: report

The owner of Dubai stock exchange is preparing an offer for Nordic stock market group OMX, rivaling the proposed $3.7 billion merger between OMX and U.S. group Nasdaq, Telegraph.co.uk reported on Sunday.

Schnitzer shares higher on 3Q results

Shares of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) surged on Monday after the company reported a higher-than-expected quarterly profit.

RIM shares surge on strong 1Q results

Shares of Research in Motion surged to a 3 ½ year high on Friday, a day after the Blackberry maker posted a quarterly profit that beat Wall Street expectations.

Western Digital to buy Komag

Western Digital Corp. announced late Thursday that it agreed to acquire rival Komag Inc. for about $1 billion in cash.

CommScope to buy Andrew Corp. for $2.6 billion

CommScope Inc. announced on Wednesday that it is buying rival communications equipment maker Andrew Corp. for $2.6 billion, a year after a failed $1.7 billion bid.

Guitar Center agrees to $2.1 billion Bain Capital buyout

Guitar Center Inc. said on Wednesday that it agreed to be acquired by private equity firm Bain Capital Partners LLC for $2.1 billion including assumed debt.