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CME Slips on Revenue Miss

Stock quotes in this article: CME , ICE , BOT  

Profit jumped 42% at the Chicago Mercantile Exchange(CME Quote), fueled by greater electronic trading and increased clearing contracts.

In the first quarter, the derivatives giant made $130 million, or $3.69 a share, compared with $91.4 million, or $2.61 a share, in the year-earlier period. Revenue rose 32% from a year ago to $332.3 million.

Analysts were predicting the derivatives giant would make $3.62 a share on $334 million in revenue. ...

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