Moody's: NYSE outlook stable

Moody's Investors Service said it changed the outlook on NYSE Euronext to stable from positive, following the recent decision by the European Commission to prohibit its planned merger with Deutsche Boerse.

The commission said that the merger would have created a "near monopoly" in European derivative exchanges. The company's bondholders would have become part of a firm with larger and more diversified cash flows and this drove the original assignment of the positive outlook, the agency said.

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