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Nasdaq Profits Up 70 Percent Amid Battle For New York Stock Exchange

Nasdaq OMX Group’s (NDAQ.O) quarterly profit rose 70 percent, as the exchange operator battling to buy out crosstown rival NYSE was helped by robust European and derivatives trading.Excluding one-time items, the profit was 61 cents per share…

Nasdaq OMX Group’s (NDAQ.O) quarterly profit rose 70 percent, as the exchange operator battling to buy out crosstown rival NYSE was helped by robust European and derivatives trading.

Excluding one-time items, the profit was 61 cents per share, matching the average analyst estimate, as compiled by Thomson Reuters I/B/E/S.

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