NYSE profits up after Boerse deal collapse
NYSE Euronext narrowly beat analyst forecasts with a 13 profit rise to $212m (£134m) in the fourth quarter, after Deutsche Boerse’s plan to take over the trans-atlantic exchange were scuppered last week.
The exchange group said revenue for the period was $628m, versus analyst forecasts of $626.6m, while net income adjusted for merger costs was $128m, just above analyst estimates of $126.3m.
The results, which reflect slow trading in some of NYSE’s core markets for the period, came just a week after European anti-trust authorities forced Deutsche Boerse to abandon its planned $7.4bn takeover of the New York exchange.