Heavy trading volume helps boost Nasdaq's profit 25%

02/1/2008 | Bloomberg Businessweek

Nasdaq Stock Market reported that its profit increased 25% to $79 million in the fourth quarter, partially due to a 16% jump in exchange revenue. The results underscore the volatility the financial markets have experienced in the past several months. Nasdaq, which is working on several acquisitions, will not offer 2008 forecasts until the deals are completed.

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