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 […]
Net income expected to be US$18.3 million
Restructuring charge bites in to profit
Guidance helps to better manage investor expectations, analysts say
A total of 3.1 million equity options and ETF options were traded during the quarter
Average assets rose 5% from the record-setting previous quarter
Full-year profits reached US$33.1 billion, up 88.2% from the US$17.6 billion earned in 2005
This is up from combined earnings of $23.4 million in 2005 for those with a salary of $100,000 or more
Net income from continuing operations up 64%
B.C. credit union reports 15.5% increase in assets