Thursday, July 26, 2007

ICE profit rises on futures volume growth

(Reuters) - The electronic energy market and soft commodity exchange reported second-quarter net income of $53.7 million, or 75 cents per share, compared with $31 million, or 52 cents per share, a year earlier.




The results include $7 million in after-tax costs from ICE's failed takeover offer for the Chicago Board of Trade. ICE was engaged until recently in a bidding war with the Chicago Mercantile Exchange to acquire CBOT.


Read more at Reuters.com Business News

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