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NYSE Euronext Suffers From Stock Slump
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Regarding the stock selling that has been going on recently, even the place, or exchange, where the transactions take place isn't expected to do all that great either.
The consensus forecast for securities-exchange behemoth NYSE Euronext(NYX Quote) is for earnings-per-share growth to slow to 3.6% next year from 34.6% in 2005, 391% in 2006 and 197.1% last year. For fiscal 2008, ending this month, analysts expect growth of 11.9%.
TheStreet.com Ratings' model computes a grade of "D" for NYX, which equates to a "sell" recommendation. ...
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