Briefs: Nasdaq sale idea raises concerns

NEW YORK -- Nasdaq Stock Market Inc. struck a complex deal to sell a 20-percent stake to the state-owned Borse Dubai in return for control of Sweden's leading stock market, but the plan announced Thursday met with questions from U.S. politicians concerned about security. Nasdaq's plan would allow it to sidestep a further bidding war with cash-rich Borse Dubai for Sweden's OMX AB while giving Dubai footholds in both Nasdaq and the London Stock Exchange.

Circuit City suffers $62.8 million loss

RICHMOND, Va. -- Electronics retailer Circuit City Stores said Thursday it lost $62.8 million in the second fiscal quarter on lower overall sales and a restructuring. For the quarter ended Aug. 31, the consumer-electronics chain lost 38 cents per share, compared to a profit of $10 million, or 6 cents a share, a year ago.

Imported cheese recalled

MILWAUKEE -- A cheese importer has recalled about 55,000 pounds of Mexican cheese that could be tainted with salmonella. The cheese was sold under the name "Queso Cincho de Guerrero" in multiple stores in Illinois, Georgia, Indiana, Michigan and Texas, according to importer MCP, headquartered in Monroe, Wis. No illnesses have been reported, MCP said Thursday. The recall was issued after the FDA received test results from a sample taken when the cheese was brought into the U.S. The cheese was distributed between April 16 and June 26. It comes in 35 and 40 pound wheels labeled with the name of its Mexican producer, Quesos Sabrosos Mexicanos.

Oracle's profit rises 25 percent

SAN FRANCISCO -- Oracle began its new fiscal year with its biggest increase in software sales since the dot-com boom. The Redwood Shores-based company said Thursday it earned $840 million, or 16 cents per share, for the three months ended Aug. 31, a 25 percent improvement from net income of $670 million, or 13 cents per share, at the same time last year.