Automobile claims, premium declines posed significant challenges for the insurance firm
Company sees decline in expenses, losses from operations
Q1 results don’t include Euronext figures as the merger was approved on April 4
AIM Trimark parent sees operating profit improvement over previous year, but decline from Q4 2006
TSX Group Inc. today said its first-quarter profit rose 4.9%, helped by higher subscriptions for real-time market data and increased listing fees.The owner of the Toronto Stock Exchange and TSX Venture Exchange had net income of $36.4 million, or 53¢ a share, in the quarter ended March 31.That’s up from $34.7 million, or 50¢ a […]
Revenues up 15%
Net income grew 42% in Q1
Premiums up 11.8%
Global markets, investment banking generate record revenues
The Nasdaq Stock Market, Inc. reported first quarter net income of US$18.3 million, an increase of US$0.3 million from US$18 million in the first quarter of 2006.First quarter 2007 results include: a US$24.9 million charge for merger and acquisition related costs associated with Nasdaq’s failed offer for the London Stock Exchange; a US$10.6 million charge […]