04:53 PM EST - TSX Group Inc. : posted a 13 percent drop in fourth-quarter earnings on Wednesday, mostly because of a reduction in the value of a tax asset, the operator of the Toronto Stock Exchange said on Wednesday. TSX, which is buying the Montreal Exchange, reported net income of $30.4 million, or 45 cents a share, for the three months ended December 31. That compares with earnings of $35.1 million, or 51 cents a share, in the same period a year earlier. TSX Group Inc.
shares T.X are trading up 25 cents at $45.90.
