Thursday, July 26, 2007

Intercontinental Exchange Profit Rises 73 Percent as Energy Trading Gains

(Bloomberg) -- Intercontinental Exchange Inc., which
lost its bid to acquire the Chicago Board of Trade this month,
said second-quarter net income jumped 73 percent on increased
energy trading.

Profit rose to $53.7 million, or 75 cents per share, from
$31 million, or 52 cents per share, in the year-earlier period,
Atlanta-based Intercontinental said. Revenue jumped to $136.7
million in the quarter, up 86 percent from $73.6 million.


Read more at Bloomberg Energy News

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