NYSE-ICE deal is on track for fall completion, exec says

NYSE Euronext CEO Duncan Niederauer says vital approvals have been obtained recently, meaning the company's sale to IntercontinentalExchange should close in the fall. Meanwhile, NYSE Euronext has beat analysts' expectations by posting a 38% increase in second-quarter profit. Net income totaled $173 million, or 71 cents a share. Higher derivatives revenue and lower trading costs contributed to the increase, the exchange operator says.

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