RiskMetrics Group has as added new features to its CreditManager solution that it says helps quantify overall credit risks, in the first in a series of scheduled product enhancements that extend the boundaries of credit risk software.

Sprint Nextel, the $41 billion provider of wireless and wireline communications services, with headquarters based in Reston, Va., named senior vice president and controller, William G. Arendt, acting CFO Arendt, 50, replaces Paul Saleh, who left the company January 25.

Bristol-Myers Squibb Co.'s $275 million write-down on auction-rate securities partially collateralized by subprime mortgages was more than just the biggest loss by a nonfinancial company related to subprime investments: It has become the stimulus to reopen the debate on whether corporate treasuries should operate as a cost center or, on...