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CME Group, India’s stock exchange strike cross-listing pact

Wednesday, March 10th, 2010
(Reuters) — Chicago-based CME Group Inc., the world's largest derivatives exchange, said it has entered into a cross-listing pact with India's National Stock Exchange, a move that would allow Indian investors to trade in U.S. indexes and expand CME's footprint in emerging markets. As ...

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Fortune Brands sells Cobra golf to Puma

Wednesday, March 10th, 2010
(Reuters) - Diversified consumer products company Fortune Brands Inc. said it was selling its Cobra brand of golf equipment to German sportswear maker Puma AG to focus on its existing golf brands but said the deal would lower its 2010 earnings slightly. Fortune Brands, which also sells spirits ...

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Bank of America ends debit card overdraft fees

Wednesday, March 10th, 2010
(AP) — Bank of America Corp. customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees. Rules set by the Federal Reserve that will ban banks from charging ...

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CF’s bid better than rival’s: Yara

Wednesday, March 10th, 2010
(Reuters) — Fertilizer producer Terra Industries Inc. said on Wednesday it plans to accept a "superior" $4.68-billion takeover bid from rival CF Industries Holdings Inc. unless Yara International boosts its competing offer. Yara, which bid $4.1 billion for Terra, has five business days to ...

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Arlington Heights development falls into foreclosure

Wednesday, March 10th, 2010
(Crain’s) — A foreclosure suit seeking nearly $20 million has hit Arlington Town Square, a publicly subsidized mixed-use project that sparked a revival of the northwest suburb’s downtown. The project’s nearly 137,300-square-foot commercial space is owned by a group of 30 individual ...

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