Topic: Dow Jones & Co. Inc.

CME buys 90 percent of DJ index unit for $607M

<div id="subtitle">CME Group buys 90 percent of Dow Jones' index unit for $607 million</div><div><p>Dow Jones & Co. is selling a 90 percent stake in its stock market index unit to exchange operator CME Group Inc ...
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HSBC chief plays down tough new bank rules

<div><p>HSBC Chief Executive Michael Geoghegan said Wednesday that tough new banking rules in the United States and Britain would have little impact on the financial services giant.</p><p>US President Barack Obama is calling for rules to limit "excessive ...
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Bank fears send Asian shares lower

<div><p>Uncertainty over US President Barack Obama's bank revamp plans and fears of policy tightening by Beijing spooked risk-averse investors in Asian trade Monday, as financial stocks continued to slide.</p><p>World market sentiment has soured since Obama unveiled ...
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Ericsson says profit shrinks, to cut 6,500 jobs

<div><p>Swedish telecom giant Ericsson said Monday its net profit fell by 92 percent in the fourth quarter due to the costs of a restructuring plan in which 6,500 jobs will be cut.</p><p>Ericsson reported a net profit ...
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