Source Pravda.Ru

NYSE Euronext reports rise in earnings

By Margarita Snegireva. NYSE Euronext reported that EPS doubled to 59 US cents in the fourth quarter from 29 cents a year earlier as volatility on its financial markets continued to lift revenues and as the company implemented cost cuts.

On a pro forma basis, excluding costs related to the merger early last year of the New York Stock Exchange group with Euronext, EPS was 66 cents, in line with Thomson Financial's consensus expectation.
Net profit for the quarter soared to 156 mln usd from 45 mln, taking full yer profit to 643 mln usd or 2.70 usd per share from 438 mln or 1.36 per share in 2006.

NYSE Euronext, Inc. (formerly NYSE Group, Inc. and Euronext N.V.) is an American/European for-profit corporation that operates multiple securities exchanges, most notably the New York Stock Exchange (the "Big Board"), Euronext, and NYSE Arca (formerly known as ArcaEx). NYSE Group also operates NYSE Regulation, which is a non-profit Self-Regulatory Organization that oversees securities firms and companies listed on the New York Stock Exchange and NYSE Arca.

NYSE completed its acquisition of Archipelago Holdings via reverse takeover on March 7, 2006 in a 10 billion USD deal to create the NYSE Group. The NYSE Group became a for-profit corporation and began trading publicly on its own stock exchange on March 8, 2006 under the NYX ticker. Owners of the 1,366 NYSE seats received 80,177 shares of NYSE Group stock plus US$300,000 in cash and US$70,571 in dividends. NYSE Group merged with Euronext on April 4, 2007 to form the first global equities exchange.

Comments
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock
Why Trump tries to re-industrialize America
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin dislikes the idea of US army bases coming to Kuril Islands
Argentina hides the truth about the death of San Juan submarine
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse