NYSE

TSE CEO: no plans for merger with other exchanges

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The Tokyo Stock Exchange is not discussing a merger with any other exchanges, the bourse's CEO said on Thursday, quashing any speculation the TSE will participate in the latest spate of global alliances among stock exchanges.
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Prime Minister of Denmark Lars Rasmussen bangs the gavel with NYSE Euronext CEO Duncan Niederauer at the New York Stock Exchange

NYSE Euronext and Deutsche Borse in talks to merge

The New York Stock Exchange (which also owns Euronext) and Germany’s Deutsche Borse have said they are in advanced talks to merge in a transaction that would result in the biggest stock exchange in the world valued at $24-billion.
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US stocks decline on profit taking

U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.
The headquarters of the U.S. Food and Drug Administration (FDA) is shown in Silver Spring, Maryland.

Medtronic's MRI-safe pacemaker gets FDA nod

Medtronic Inc. (NYSE: MDT) said the U.S. Food and Drug Administration (FDA) approved its Revo MRI pacemaker - the first such device in the U.S. designed for safe use during certain magnetic resonance imaging (MRI) exams.
AIG

AIG Sees $4.1 Bln Charge in Q4

American International Group, Inc. said it expects to record a $4.1 billion charge in the fourth quarter to boost the loss reserves in its Chartis property and casualty insurance subsidiaries.
An interior of Big Lots store

Big Lots Sale Appears Possible: Analyst

Benchmark Capital said the sale of retailer Big Lots (NYSE: BIG) appears possible and private equity buyers could target the company, after Bloomberg reported that Big Lots is exploring strategic options.
Alcatel-Lucent  Chief Executive Ben Verwaayen poses for photographers

Alcatel's cube-shaped lightRadio antenna to shrink base stations

Alcatel-Lucent has developed lightRadio, a cube-shaped antenna that would fit in the palm of a hand, signaling an end to the current form of basestations and cell towers. lightRadio promises greener, simpler, lighter networks that the company says will radically shrink and simplify base stations and cell towers.....
Traders work on the floor of the New York Stock Exchange

Stocks advance on merger deals

Stocks advanced as a series of merger deals excited investors, pushing the blue-chip indices to two-and-a-half-year highs in the absence of significant economic news.

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