Big Board operator NYSE Euronext(NYX Quote) on Tuesday reported soaring trading volumes enabled it to easily beat analysts' expectations.
Excluding merger expenses and exit costs, the exchange reported a profit of $241 million, or 91 cents per diluted share, a 53% increase over the net income of $158 million, or 60 cents per diluted share, NYSE and Euronext earned as separate companies prior to their merger in the year-ago quarter. Analysts had forecast 83 cents per share, according to Thomson Reuters.
Trading volumes pushed the exchange to quarterly records with 103 million transactions and 191 billion shares traded in the U.S. Group markets also set new trading records, including the second and sixth most active days. NYSE Arca Options experienced volume growth of 70% during the first quarter of 2008, vs. the previous year's quarter. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |
Connect with TheStreet