NYSE Euronext Q4 net income declines
NYSE Euronext has reported a net income of $110m, or $0.43 per diluted share, for the fourth quarter of 2011, compared to $135m, or $0.51 per diluted share, for the same period in 2010.
The fourth quarter of 2011 results include a net pre-tax charge of $25m related to the settlement of a tax matter with French authorities related to BlueNext, a joint venture with Caisse des Depots.
The total revenues for the fourth quarter of 2011 were $1.05bn, compared to $1.04bn for the same period a year ago.
Operating income decreased to $124m, compared to $170m for the same period in the previous year.
NYSE Euronext executive vice president and CFO Michael Geltzeiler said that for the full-year, they recorded double-digit growth in operating income and earnings through a combination of business diversification and cost containment, with expenses down $70m, or 4% on a constant dollar, constant portfolio basis, exceeding our guidance for the year.
Related Insight
Suppliers Directory
Wealth & Assets Management Asset Management Hedge Funds Private Equity Mutual Funds
Intermediaries Prime Brokerages Custody & Clearing ECN & Exchanges
Technology Banking Technology Security Tech Outsourcing & BPO
Policies & Regulatory Compliance Risk Management
ECN & Exchanges Intelligence
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Buy online from $125
Comments may be moderated for spam, obscenities or defamation.