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Earnings Analysis: 
NYSE Euronext Profit Rockets 246% after Takeover
Author: 123jump.com Staff
123jump.com
Last Update: 1:57 PM EST February 05 2008


The stock market operator NYSE Euronext net profit tripled after the NYSE’s takeover on the pan-European market Euronext. Net profit for the fiscal year was 643 million euros ($952.5 million), an increase of 214% from a year ago. The profit growth was attributed to the tightened expenses controls and record trading in both the derivative and cash markets.

 

 

 

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