IBT Staff Reporter

NYSE Euronext , which wants regulatory support for its planned $9 billion merger with Deutsche Boerse , cited strong trading and technology sales for a 54 percent hike in quarterly profit to $186 million.

NYSE Euronext , which wants regulatory support for its planned $9 billion merger with Deutsche Boerse , cited strong trading and technology sales for a 54 percent hike in quarterly profit to $186 million.

Shares in LG Electronics plunged by nearly the daily limit of 15 percent late on Thursday, hit by market talk the company was planning a $890 million share sale to support its ailing smartphone business and unprofitable flat-screen unit.

NYSE Euronext , which is vying to win regulatory support for its planned $9 billion merger with Deutsche Boerse , reported adjusted third quarter profits up 54 percent to $186 million.

France's biggest listed bank BNP Paribas reported a 72 percent slide in quarterly earnings on Thursday after booking a bigger-than-expected 2 billion euro ($2.8 billion) charge on Greek debt and sold billions in eurozone bonds to cut risk.

The threat of a Greek exit from the euro zone hung over a meeting of G20 leaders on Thursday after France and Germany made it clear that Athens must decide urgently whether it wants to stay in the 12-year-old currency bloc.

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.

Asian shares, the euro, commodities and the Australian dollar all fell on Thursday as fears that Europe's debt crisis could unleash financial chaos prompted investors to shed riskier assets in favor of the relative safety of the dollar.

France's biggest listed bank BNP Paribas reported a 71.6 percent slide in third-quarter earnings on Thursday after it booked a bigger-than-expected 2 billion-euro ($2.76 billion) charge on Greek debt and sold billions of euros' worth of eurozone government bonds.

Online retailer Amazon.com said Kindle owners with an Amazon Prime membership will now get access to the company's new digital book library service.

Online retailer Amazon.com said Kindle owners with an Amazon Prime membership will now get access to the company's new digital book library service.

Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies that dominate the category in the world's largest beer market.

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.

Comcast Corp, News Corp and Time Warner Inc reported stronger quarterly results on Wednesday, confirming it pays to have a solid lineup of cable networks -- at least while advertisers keep spending.

Yahoo Inc is contemplating the sale of a minority stake to a private equity firm followed by a large share repurchase, in a bid to buy time to turn around the Internet company, people familiar with the matter said.

The leaders of Germany and France told Greece on Wednesday it would not receive another cent in European aid until it decides whether it wants to stay in the euro zone.

Shares in LG Electronics plunged early Thursday amid market talk the world's No.3 handset maker was planning a rights offer worth some 1 trillion won ($891.4 million).

Groupon Inc is poised to price its initial public offering $1 to $2 above its current range, responding to stronger-than-anticipated demand for the biggest U.S. IPO in months, three buyside sources said on Wednesday.

In its final days before descending into bankruptcy, Jon Corzine's MF Global Holdings may have transferred customer funds to avoid detection by authorities, a regulator of the firm said on Wednesday.

At 7 feet tall, the deluxe edition of Visionaire’s “Larger Than Life” issue featuring Lady Gaga as a mermaid squirming in oil might literally be the biggest magazine of all time.

Fitting older versions of Google's Inc popular Android software to cheaper cellphones could send the repair costs of global telecoms operators up as much as $2 billion, a study by wireless services firm WDS showed.

Mobile operator Telefonica is to slash its range of handsets as part of its efficiency drive, freeing it up to develop new products and services within its digital division.

RealD Inc's shares fell as much as 14 percent in extended trade after the licensor of 3D technologies said Samsung Electronics pulled out of an agreement to make television panels featuring the company's technology.

Silicon wafer maker MEMC Electronic Materials Inc on Wednesday reported a quarterly net loss and lowered its earnings outlook for the year due to a dramatic drop in prices on solar products and soft semiconductor demand.

When the bailiff knocked on the door of a California Superior Court jury room Tuesday, onlookers reached for their laptops.

Fusion-io Inc's quarterly results beat estimates helped by growth across its core business and the storage hardware and software maker raised its full-year revenue outlook, sending its shares up as much as 19 percent.

Flash memory provider Spansion Inc said it would cut about a fifth of its workforce and expects to take a related charge of about $30-$56 million, sending its shares down 2.5 percent after the bell.

Sales at mobile modem maker Sierra Wireless were hurt in the third quarter by a loss of business from Barnes & Noble's e-book readers and from cellular service provider Clearwire, Sierra said on Wednesday.

Raymond James Financial Inc. has joined a growing number of firms that are allowing financial advisers to communicate with clients through social networking sites.