Nasdaq earnings jump, but investors are glum
Article Abstract:
The Nasdaq Stock Market Inc. of the United States posted a 300 percent profit increase in the fourth quarter. However, share price fell by 11 percent to $31.10 yesterday after an acquisition offer for the London Stock Exchange PLC of the United Kingdom was rejected. Share price decreases were due to strained financial projections for 2007 that included higher cost fixtures.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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NYSE Euronext's net soars on record trading volume
Article Abstract:
Third-quarter net profit for NYSE Euronext Inc. almost quadrupled to reach $258 mil, or 97 cents per share. Revenue almost doubled to reach $1.2 bil. This was the second quarter that the company, the parent firm of Europe's Euronext stock exchange and the New York Stock Exchange reported as a combined exchange.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
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