Intercontinental Exchange Inc , owner of the New York Stock Exchange, reported a 26per cent fall in third-quarter profit on Thursday, hurt by higher expenses, mainly related to the company's acquisition of mortgage tech firm Ellie Mae.
FILE PHOTO: A nearly empty trading floor is seen as preparations are made for the return to trading at the New York Stock Exchange in New York, U.S., May 22, 2020. REUTERS/Brendan McDermidREUTERS: Intercontinental Exchange Inc , owner of the New York Stock Exchange, reported a 26per cent fall in third-quarter profit on Thursday, hurt by higher expenses, mainly related to the company's acquisition of mortgage tech firm Ellie Mae.
Net income attributable to the company fell to US$390 million, or 71 cents per share, for the quarter ended Sept. 30, from US$529 million, or 94 cents per share, a year earlier.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HSBC reports lighter-than-expected third-quarter profit fallHSBC said Tuesday its third-quarter post-tax profits fell 46 percent on-year as the Asia-focused banking giant continued to take a hammering from the coronavirus pandemic and spiralling China-US tensions.
Source: IndependentSG - 🏆 2. / 72 Read more »
Exchange operator CME's quarterly profit slumps 35per centCME Group , the world's biggest futures exchange operator, on Wednesday said its third-quarter profit plunged 35per cent as decreased trading ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sony raises annual profit outlook on strong gaming, 'Demon Slayer'Japan's Sony Corp on Wednesday reported a 13.9per cent increase in second-quarter operating profit and raised its full-year earnings outlook ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sony second-quarter profit rises 13.9per cent, beats estimatesJapan's Sony Corp on Wednesday reported a 13.9per cent increase in second-quarter operating profit and raised its full-year earnings outlook ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Samsung Elec sees profit decline on weak server chip demand after strong third-quarter earningsSamsung Electronics Co Ltd said on Thursday it expects profits to fall in the current quarter after posting its highest operating profit in two ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
StanChart third-quarter profit slides, but beats estimates on improving loan loss outlookStandard Chartered booked a smaller-than-expected 40per cent slide in quarterly profit as the lender lowered its loan loss expectations linked to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »