Market Roundup

Shares of New York Times Co NYT fell about 0.4% after the company announced its plans to sell its regional news group to Halifax Media Holdings LLC for $143 million. The deal is likely to close in the first quarter. Shares of Fidelity National Financial Inc FNF dropped about 1.04% after the company announced its plans to sell majority of its personal-lines insurance business to WT Holdings Inc. Fidelity would sell 85% of it personal-lines business for around $119 million. The deal is expected to close late in the first or early in the second quarter. Shares of Cliffs Natural Resources Inc CLF dropped about 2.9% after Atlas Iron Ltd ATLGF announced its plans to sell the Yerecoin magnetite project to Cliffs Natural Resources for an initial A$18 million in cash. Shares of Broadcom Corporation BRCM declined about 0.7% after the company appointed Robert Finocchio, Jr. to its board of directors. London Stock Exchange Group LDNXF reported a 79% surge in its profit before tax for the first half financial year 2012. Total IPO money raised during the period climbed 27% to GBP12.6 billion, from GBP9.9 billion in 2010.