close

The London Stock Exchange and Canada's TMX Group reported forecast-beating results on Friday as they applied for regulatory approval of their $3 billion deal to join forces.

Shares of the exchanges, both pressured by competition from alternative trading upstarts, rose after the results.

First-quarter profit at TMX, the operator of the Toronto Stock Exchange, rose 13 percent to C$64.3 million ($66.8 million), while revenue climbed 17 percent to C$174.7 million, on record volume and robust equity financing.

"I, along with maybe one or two others were already on the high end of Street estimates and they exceeded our estimates by a country mile," said National Bank Financial analyst Shubha Kahn.

The LSE exchange reported 2010 profit up 22 percent at 341 million pounds ($555.5 million), well above a forecast of 314 million in a poll of 14 analysts.

Revenue increased 7 percent to 675 million pounds, above analyst expectations of 651.1 million. The total dividend for the period was 26.8 pence, above a forecast 25.9p.

"We have seen strong growth in our fixed-income businesses, exchange-traded funds and derivatives. We are also starting to see positive impact from technology sales," Chief Executive Xavie,78548,39043,19414,97796,63059,96104,25149,77845,51871,43018,39488,81372,25541,62544,36984,51862,22997,82030,28879,43768,23944,20723,22452,90402,58890,93761,26612,76360,76967,17903,97533,33897,99408,71384,41750,96909,67234,55041,32126,29833,39500,89440,26644,62439,90648,31287,63940,43154,18043,85052,43818,99396,50501,37344,58788,55581,31805,32232,36195,91103,75794,99193,54513,72789,16140,57298,37381,52858,28958,40263,24131,74379,83299,14496,79264,37866,69124,79135,98965,45571,91513,31178,77628,19881,67711,81544,49778,29267,49476,45496,23362,46377,73249,18176,70946,90462,98673,27594,10786,71067,98737,15183,50725,15905,20659,31680,56366,58852,70405,99859,63361,21355,36261,86262,96864,54947,47130,63697,14743,79207,14584,94637,51717,69237,55632,63084,12063,43354,21682,51339,17567,29268,64539,39400,57883,22208,52326,61947,18698,94687,12270,35270,93506,58865,78871,69427,46829,26227,62763,81982,20512,18799,57148,48618,18478,65147,87627,73166,33417,18352,71199,25074,90168,28152,27675,40985,61283,34599,45327,50164,83466,86392,99113,84129,45464,85184,74481,94941,74809,93801,95525,16518,80680,43107,96306,98257,10176,40886,96449,56367,40596,59838,72598,35692,94357,40657,74712,52218,18363,31636,11315,85241,67265,55416,17774,70982,66481,96875,84262,86216,18887,20057,80930,79226,27697,33893,99336,25551,63638,31705,40360,89597,97562,70238,94854,72549,16113,69469,20440,40515,46031,26088,34212,45146,14798,34517,62087,37277,65201,81353,72969,83096,54090,55693,58644,91486,82862,24609,54974,12292,98150,48063,94987,63341,32353,51688,41780,92834,71948,16254,93730,47914,16859,85105,77066,23289,77010,15891,63595,56519,48279,35066,71071,53603,97159,75093,26545,60515,14277,69462,18128,18696,41074,45845,26755,33311,45037,37730,84568,70295,26814,57527,89255,37724,23713,60291,83200,87866,61056,42822,14858,80296,85987,98733,98759,45959,93257,85319,54245,87968,94427,42498,90312,58937,20099,62548,49736,85810,81538,13835,52208,83196,16624,30567,66050,40503,42600,61890,98156,31041,79793,29221,59987,84516,36812,60806,24475,26667,60684,60162,37320,63776,14329,73850,22336,48541,30627,73719,76041,86955,44100,55755,81672,97605,59583,99979,44315,56543,55430,81533,57338,29087,43524,28926,47760,36490,17387,39993,69602,43637,37234,51025,83105,77670,96067,21933,76830,19727,30577,77603,68350,26570,80259,39742,93928,29371,98222,40942,68048,77569,30402,12990,53659,84036,45988,61234,27602,14908,55421,64029,64975,53629,14493,37445,58658,16340,58145,40288,56145,46834,57216,30965,12872,78267,25130,44062,29776,83018,94357,44535,68865,77083,96385,86206,87976,23133,69404,67263,40836,28596,17376,30668,13607,33484,49616,72833,44805,20736,18412,99239,78831,12932,39713,10834,23025,43821,45545,35702,53210,74314,97980,92767,11986,28483,30329,53455,42101,45975,56745,16791,32529,36079,31329,99442,39474,62295,95887,13980,63416,17891,19927,40055,77643,75856,95008,69591,45491,81183,86312,66927,93073,78056,49917,85800,43304,99365,43788,74514,13301,52115,26397,43859,23915,23688,73137,34004,62627,73996,82358,75095


arrow
arrow
    全站熱搜
    創作者介紹
    創作者 paylsdbray 的頭像
    paylsdbray

    paylsdbray的部落格

    paylsdbray 發表在 痞客邦 留言(0) 人氣()