Italy’s inflation-linked government bonds are outperforming conventional securities by the most in three years as investors disregard subdued increases in consumer prices in their hunt for value in euro-region debt markets.
Jefferies Group Inc., the New York- based brokerage that helped arrange a $400 million bailout for Knight Capital Group Inc., has converted almost all of the preferred shares it acquired in the transaction to common stock.
TMX Group Ltd. is the worst- performing exchange stock in North America this year, as a rout in global commodity prices cuts equity trading volume and a bank-led competitor prepares to enter the business.
MF Global Holdings Ltd. , the futures and options broker that’s transforming into an investment bank, posted a net loss for the eighth time in the last nine quarters as restructuring costs and legal reserves eroded profit.
NYSE Euronext, the U.S. exchange operator being bought by Intercontinental Exchange Inc., reported first-quarter earnings that met analyst estimates as trading revenue increased and operating expenses declined.