ICAP revenue, profit decline: dollar is cited

Article Abstract:

ICAP PLC, a leading securities dealer to investment firms and banks, saw its revenues drop 5% to 386.9 million pounds, and profits fall 20% to 36.7 million pounds, in the six months ending September 30, 2004. Chief Executive Michael Spencer feels confident that his company's plans to increase its share of the global interdealer market as well as its increasing use of an electronic trading platform, will spell growth for the securities firm in the coming years.

United Kingdom, Strategy & planning, Acquisitions & mergers, Market share, Management dynamics, Executive changes & profiles, Securities issued, listed, Management, Planning, Officials and employees, Mergers, acquisitions and divestments, Company acquisition/merger, Securities, Company business management, Company securities, Company market share, Company business planning, Spencer, Michael, ICAP PLC

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Euronext reports revenue increase on brisk market

Article Abstract:

Euronext N.V. of the Netherlands posted a soaring second quarter increase in revenue by 21 percent to 289.6 million Euros ($372.1 million) from 238.6 million Euros last year. Revenues were due to increased derivatives business. New listings on the stock exchange increased 42 percent to 14 million Euros.

Euronext N.V.

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Van der Moolen posts a loss after Goodwill charge

Article Abstract:

Van Der Moolen Holding N.V. of the Netherlands posted a net loss for the second quarter of 9.4 million Euros ($12.1 million) compared with a net profit of 1.8 million Euros last year. Revenue losses were due to acquisition impairment charges (Curvalue Financial Services) and legal charges.

Van Der Moolen Holding N.V.

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