Summary Box: NYSE Euronext 4th-qtr profit shrinks

AP News
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Posted: Feb 10, 2012 3:50 PM
Summary Box: NYSE Euronext 4th-qtr profit shrinks

DEAL COSTS: NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse shrank fourth-quarter net income.

BLOCKED ASPIRATIONS: CEO Duncan Niederauer said he was "extremely disappointed" with the European regulator's decision to block the merger. The failed deal dealt a blow to the company's dream of creating a financial giant able to take on other large exchanges in the U.S. and Asia.

THE NUMBERS: The exchange operator reported net income of $110 million in the three months ended Dec. 31, down from $135 million at the end of 2010. Revenue was flat at $1.05 billion.