Nasdaq Stock Market Inc. has agreed to buy Nordic markets owner OMX AB for $3.7 billion, after failing on an earlier bid to purchase the London Stock Exchange.
Pioneer Investments today has launched the Pioneer Diversified High Income Trust.
Merrill Lynch & Co. has trimmed employees’ sick days from 40 to 10, according to an internal memo.
JPMorgan Asset Management is now the world’s largest hedge fund managers, according to Alpha Magazine’s 2007 list of “The Hedge Fund 100.”
Two hedge fund managers have joined forces with scientists to launch a $1 million prize for cancer research.
Ben Weston, chief of hedge fund development at Merrill Lynch & Co. Inc., has left the company.
Eaton Vance Corp. reported a 42% fall in profits for the<br>second quarter today.
Lipper Inc. of New York announced today it has created a suite of target-risk fund benchmarks made up exclusively of exchange traded funds.
Aon Corporation announced today that chief financial officer David P. Bolger will leave the Chicago-based insurance broker after the appointment of his successor.
Defunct hedge fund Wood River Partners LP is suing its prime broker, UBS, for $200 million.
