Nasdaq

Nasdaq OMX Group posted first-quarter earnings that missed analyst estimates on lower trading revenue and is initiating a dividend.

McCaffrey

The SEC approved a request by Citigroup to allow Kevin McCaffrey to work as chief of equity sales in the Americas. In 2005, McCaffrey, was fined $120,000 and prohibited from working as a securities industry supervisor for 15 months.

News Corp.

News Corp. Chairman Rupert Murdoch repeatedly told a UK judge-led public inquiry into press ethics that he hadn’t asked prime ministers for favors.

Icahn move

Billionaire Carl Icahn dropped a lawsuit against Amylin Pharmaceuticals over a corporate bylaw that blocked investors from ousting directors who rejected a Bristol-Myers Squibb takeover offer.

Name in lights

Viacom will get its name on 1515 Broadway and expand into the rest of its Times Square skyscraper under a new lease for 1.6 million square feet signed with SL Green Realty. The media company’s lease will run through 2031.