CME eyes Nymex for $11 billion
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CME Group Inc , the world's largest derivatives exchange, hopes to broaden its reach by buying energy and precious metals mart Nymex  for $11 billion, the companies said on Monday.
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The New York Mercantile Exchange on Thursday revealed plans for an open-outcry energy exchange in London or Dublin. The move will intensify the battle with the London-based International Petroleum Exchange for supremacy in global energy futures trading.
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LONDON: Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, has agreed to buy Britain&#39;s RMC Group for around Â£2.3bil (US$4.
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Mexico&#39;s Cemex, one of the world&#39;s largest makers of concrete will pay $4.1 billion for British rival RMC Group, the Wall Street Journal reported Monday.
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Investor's Business Daily - Nymex near-month oil rose 41 cents to $71.09 a barrel amid a Kansas refinery shutdown and tensions over Iran&#39;s alleged meddling in Lebanon and Iraq. In London, Brent crude rose $1.22 to $72.63. U.S. gasoline futures rose 0.59 cent to $2.2487 a gallon. But retail prices fell 2.3 cents last week to $2.959, the Energy Dept. said. The Int&#39;l Energy Agency urged OPEC to lift output.
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The Securities and Exchange Commission said Wednesday Pimco mutual fund group&#39;s adviser and two affiliates will pay more than $11.
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Europe's biggest medical device maker, Smith & Nephew Plc , is close to bidding about $11 billion for U.S. rival Biomet Inc. , sources familiar with the situation said on Sunday.
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The New York Mercantile Exchange is to open a Brent crude oil futures trading floor in Dublin later this morning. The Exchange has leased space from the New York Board of Trade&#39;s FINEX Dublin operation, with
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The Chicago Mercantile Exchange is in talks to buy its New York rival Nymex for $11bn, both firms reveal.
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CHICAGO -- The Chicago Mercantile Exchange raised its bid for the Chicago Board of Trade to $11 billion, the third increase in a three-month contest with Intercontinental Exchange, as it tries to build the world's largest futures market.
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NEW YORK, September 27  - Mexican cement giant, Cemex SA (CX.NYS), has agreed to buy RMC Group Plc, a leading British ready-mix concrete company, in a deal valued at about $5.
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The New York Stock Exchange, the world's  biggest share market, is mulling an earlier start to trading in  a bid to steal volume from European exchanges, notably the  London Stock Exchange, the Financial Times reported on  Saturday.
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On Monday, Mexican cement tycoon and Motley Fool Stocks 2003 pick Cemex (NYSE: CX) dropped a 70-lb. bag of quick-set on the market: It has agreed to pay $4.
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Euronext  on Tuesday will  attempt to build shareholder support for an 8 billion euro  (&#36;10.23 billion) offer from New York Stock Exchange owners NYSE  Group Inc. , which the pan-European exchange said it  preferred to a rival proposal from Deutsche Boerse (DB1Gn.DE).
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ATHENS -- The bill arrived for the Athens Olympics yesterday -- about $11.6 billion, and it might climb higher.
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Mexico&#39;s Cemex has helped RMC Group&#39;s shareholders to salsa their way out of debt that weighed like concrete boots. Photo: Rick Stevens.
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NYSE Group Inc.  Chief  Executive John Thain said on Friday that Deutsche Boerse  (DB1Gn.DE) could not compete strategically or financially for  Euronext , the Paris-based exchange the NYSE has  struck an agreement to buy.