Article Abstract:
The Nasdaq Stock Market Inc. of the United States posted a 300 percent profit increase in the fourth quarter. However, share price fell by 11 percent to $31.10 yesterday after an acquisition offer for the London Stock Exchange PLC of the United Kingdom was rejected. Share price decreases were due to strained financial projections for 2007 that included higher cost fixtures.
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United Kingdom's petroleum giant, BP PLC reported an 8.6 percent rise or $2.53 billion net income in the fourth quarter, amidst high oil and gas prices. BP PLC has raised its dividend 26 percent and may return as much as $23 billion to investors through increases and share buybacks over the next two years.
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Deutsche Borse AG of Germany posted stellar net profit increase by 56 percent to 668.7 million Euros ($878.6 million) from 427.4 million Euros last year. The securities giant is considering increasing the 2006 dividend to 3.40 Euros per share from 2.10 Euros.
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