Tuesday, July 31, 2007

Nymex posts higher 2nd-qtr profit, shares rise

(Reuters) - NEW YORK, July 31 - Metals and energy exchange operator NYMEX Holdings Inc. said on Tuesday second-quarter profit rose on growth in transaction and clearing fees.



The operator of the New York Mercantile Exchange said net income rose to $41.7 million, or 44 cents per share, from $38.1 million, or 44 cents per share, a year earlier. The earnings per share remained the same because of an increase in the number of shares outstanding during the latest quarter.


Read more at Reuters.com Market News

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