Nasdaq 4Q Earnings Soar to $63 Million
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NEW YORK -- Nasdaq Stock Market Inc., the world's largest electronic equities exchange, said Tuesday its fourth-quarter profit more than tripled on higher trading fees and a one-time gain from its 30 percent stake in the London Stock Exchange.
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AT&T reported strong fourth-quarter earnings, with net income rising 63 percent, due in large part to the growth in wireless communications.
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NEW YORK - Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:  NYSE  Dow Jones & Co., up $7.74 at $61.05; News Corp., up 63 cents at $24.26.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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The company said its fourth-quarter earnings rose 43 percent, beating estimates, on increased merger advisory fees.
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Fourth-quarter earnings surged on higher revenue as the photo film manufacturer staked out a bigger position in digital photography.
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The company, which closed a $5.6 billion deal to buy Dow Jones & Company in December, said quarterly profit increased to $832 million, or 27 cents a share.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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Goldman Sachs Group Inc  said on  Thursday that quarterly earnings surged 79 percent as revenue  from investment banking and trading increased despite turbulent  summer markets.
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Goldman Sachs Group Inc. , the  largest investment bank by market value, said on Tuesday that  its quarterly profit rose 93 percent on investment gains,  banking fees and strong trading results.
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The investment firm reported strong third-quarter earnings.
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Lehman Brothers reports fourth-quarter and fiscal-year earnings.
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Stocks ended higher on Thursday, with the Dow finishing above 14,000 for the first time and hitting a record close, on profits that beat expectations in the technology and industrial sectors.
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Financial services giant American Express Co. said Monday that third-quarter earnings rose to meet Wall Street expectations. Net income increased to $879 million, or 69 cents per share, from $770 million, or 59 cents per share, a year ago.
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Despite a summer slump in trading up and down Wall Street, Goldman Sachs reported strong third-quarter earnings on Tuesday.
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday that its quarterly profit rose 93 percent on investment gains, banking fees and strong trading results.
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Business & money: Strong earnings from corporate America sent Wall Street's yardstick of blue-chip stocks through the 14,000 level for the first time yesterday.