Thursday, 26 July 2007

UPDATE 1-ICE 2nd-qtr profit rises on futures volume growth

(Reuters) - ICE, an electronic energy market and soft commodity
exchange, reported second-quarter net income of $53.7 million,
or 75 cents per share, compared with $31 million, or 52 cents
per share, a year earlier.




The results include $7 million in after-tax costs related
to ICE's failed merger proposal for the Chicago Board of Trade.
ICE was engaged until recently in a bidding war with the
Chicago Mercantile Exchange to acquire CBOT.


Read more at Reuters.com Market News

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