Nasdaq OMX Group Inc. (NDAQ) has reported third-quarter results.  The company swung to a GAAP net income of $60 million or 28 cents per share compared to $69 million or 33 cents in the prior quarter and $58 million or 27 cents in the year-ago period. Results included one-time charges counting $25 million in debt conversion expense, $16 million in pre-tax expenses associated with asset retirements, workforce reductions and other non-recurring items, and $5 million in pre-tax merger expenses.  Excluding these charges, pro forma earnings per share came in at 42 cents, in line with the Zacks Consensus forecast. Results were aided by growth in the company’s core businesses and significant progress from new initiatives.  Net revenue (net of liquidity rebates, brokerage, clearance and exchange fees) slipped 4.9% sequentially and 12.5% year over year to $349 million. The decline was primarily attributable to foreign currency ...

NYSE Euronext Inc. (NYX) reported third-quarter results on Friday.  The company swung to a GAAP net income of $125 million or 44 cents per share from a GAAP net loss of $182 million in the prior quarter and a net income of $174 million or 66 cents in the year-ago period. Results included one-time charge related to merger expenses and exit costs, the impact of the disposition of Hugin Group B.V., the sale of investments in BM&F Bovespa and a fair value adjustment to investment in BIDS Holdings L.P.  Excluding these charges, pro forma earnings per share came in at 53 cents, beating the Consensus forecast by more than 18%, or 8 cents. The upside was attributable to growth in the company’s core businesses, significant progress from new initiatives which offset lower trading volumes.  Net revenue increased 2.1% sequentially but slipped 13.8% year over year ...

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Tuesday October 20, 2009

DrStockPick.com Stock Report!

BAC, PSFT, PWRM, SO, CSRH, NYX, CVAT, ATVI, AQNM

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BAC, Bank of America Corporation

BAC is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

BAC today announced a strategic alliance with Avjet Corporation, a leading aviation services provider based in Southern California, providing preferred financing terms for clients who finance their aircraft through BAC and take advantage of the business aircraft management services of Avjet.

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PSFT, Powersafe Technology Corp., PSFT.PK

POWERSAFE

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On Oct. 7, NYSE Euronext, Inc. (NYX) announced trading volumes for its global cash equities and derivatives exchanges for September 2009. Trading volumes declined year-over-year as the crisis-level volatility drove near-record trading volumes last year. However, volumes increased from Aug. 2009 levels, with U.S. and European cash products increasing 2.9% and 13.2%, respectively, and U.S. and European derivatives products increasing 30.0% and 24.4%, respectively. The highlights for the monthly volume data are as follows: NYSE Group (which includes NYSE, NYSE Arca and NYSE Amex) U.S. cash products handled average daily volumes declined  30.8% to 3.0 billion shares from the prior year but increased 2.9% compared to Aug. 2009. Year-to-date, total Tape A and Tape B consolidated average daily volumes of 8.0 billion shares increased a combined 32.9% compared to the prior-year period, while Tape C consolidated average daily volumes of 2.3 billion shares increased only ...

CRWENewswire.com is pleased to announce a stock highlight on American International Group, Inc. (AIG), Opexa Therapeutics, Inc. (NASDAQ:OPXA), NYSE Euronext (NYX)

American International Group, Inc. (AIG) today reported its first quarterly profit since the third quarter of 2007, as certain of its businesses stabilized and the company’s results reflected positive valuation changes. AIG also achieved several important milestones in its restructuring program. For the second quarter ended June 30, 2009, AIG reported net income attributable to AIG of $1.8 billion, including net income attributable to AIG common shareholders of $311 million or $2.30 per diluted common share, compared with a net loss of $5.4 billion or $41.13 per diluted share in the second quarter of 2008. Second quarter 2009 adjusted net income was $2.0 billion, compared with an adjusted net loss of $1.3 billion in the second quarter of 2008.

Opexa Therapeutics, Inc. (NASDAQ:OPXA), a company developing a novel T-cell immunotherapy for

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NYSE Euronext (NYX) reported second-quarter results before the opening bell today.

The company swung to a GAAP net loss of $182 million, against net income of $195 million in the year-ago period. The loss was caused by a one-time charge of $442 million related to termination of a contract with LCH.Clearnet and planned job cuts.

Excluding this charge, pro forma earnings per share came in at 51 cents, beating the consensus forecast by more than 13%, or 6 cents.

The transatlantic exchange, which operates across 6 cash equities exchanges in 7 countries and 8 derivatives exchanges, offers trading, clearing and settlement in equities, futures, options, fixed-income and exchange-traded products.

The company stated that net revenues slipped 13.6% year over year to $611 million, which fell short of the consensus estimate by 2%. The decline was attributable to foreign currency fluctuations, price cuts in the U.S. and European markets and sluggish volume in

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