NEW YORK --

Nasdaq OMX Group

I:IXIC

agreed to buy

eSpeed

from

BGC Partners

(BGCP) - Get Report

for $750 million in cash.

eSpeed is an electronic service for trading U.S Treasury notes and bonds. The acquisition allows Nasdaq to expand into other investment fields.

The acquisition is expected to be completed in the middle of 2013.

8 Stocks Surging on Big Volume

Goldman Sachs

(GS) - Get Report

launched a specialty finance company to invest in risky credit products.

Goldman has registered the fund as a "business development company" -- a type of investment vehicle that has grown in popularity over the past decade, and which allows Goldman to avoid certain regulations, according to

The Wall Street Journal

.

AstraZeneca's

(AZN) - Get Report

patent for its Pulmicort Respules asthma treatment has been ruled invalid by a U.S. court.

The ruling allows

Actavis

(ACT) - Get Report

to launch a generic version of the drug; Actavis said it would do so immediately.

U.S. automakers, including

Ford

(F) - Get Report

and

General Motors

(GM) - Get Report

, are scheduled Tuesday to release auto sales for March.

U.S. car and truck sales are expected to hit their highest level in nearly six years in March, according to analysts surveyed by

Bloomberg

.

5 Top Cars at the New York Auto Show

McCormick

(MKC) - Get Report

is expected by analysts on Tuesday to post fiscal first-quarter earnings of 56 cents a share on revenue of $922.7 million.

G-III Apparel Group

(GIII) - Get Report

is expected by Wall Street to post fourth-quarter profit of 40 cents a share on sales of $360.2 million.

5 Stocks Set to Soar on Bullish Earnings

-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

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