ICE notches a 7% profit increase in second quarter

Higher trading volume led IntercontinentalExchange to post a 7.1% increase in profit in the second quarter. Revenue was up 5.8% at $371.6 million. ICE had net income of $153.3 million, or $2.09 a share, compared with $143.2 million, or $1.95 a share, a year earlier. ICE's earnings report comes just as it is about to finalize its takeover of NYSE Euronext.

View Full Article in:

Wall Street Journal (tiered subscription model), The · Reuters · Financial Times (tiered subscription model) · Houston Chronicle (tiered subscription model)

Published in Briefs: