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Wall Street Turbulence Welcomed by NASDAQ Stock Market
Excerpt from the InvestorGuide.com Stock of the Day on 1/31/2008

The turbulence of Wall Street's rollercoaster ride may have investors feeling woozy, but the NASDAQ Stock Market couldn't be giddier. The electronic exchange posted a sizable profit this quarter thanks to the hefty trading volume that has come alongside the tumultuous market activity of late. It's not just the trading boost that has helped NASDAQ's bottom line though as the exchange's strategy for growth in other areas has paid off as well. The exchange has been busy signing deals for acquisitions but says it's now time to let the ink dry and start the business of integration. Will the profitability continue as the frenzy dies down?

NASDAQ's earnings statement released today not only indicated a profitable fourth quarter, but also beat analyst expectations. Net income for the last three months of 2007 increased 25 percent, or $16 million, over the same period in 2006 to $79 million. This boost brought earnings per diluted share to 52 cents, beating last year's 43 cents as well as the 47 cents per share forecasted by analysts. Compared to the third quarter's net income of $365 million, today's report would have seemed rather alarming, but those earnings were diluted by the gains associated with NASDAQ's sale of its share of the London Stock Exchange. The sale was just one of several transactions by NASDAQ in 2007 contributing to what President and CEO Bob Greifeld calls, "a truly defining year." More >


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NASDAQ Puts Philly Exchange in Play
Excerpt from the InvestorGuide.com Stock of the Day on 4/11/2007

NASDAQ Stock Market, the parent company that owns and operates the NASDAQ, after spending most of the last 12 months unsuccessfully trying to purchase the venerable London Stock Exchange (LSE), is now setting its eyes on a more modest target - the Philadelphia Stock Exchange (PHLX). Reports published last night indicate that the country's largest electronic exchange is in talks to make a bid for the Philly exchange. So why is the NASDAQ interested in a much smaller regional exchange and what are the chances that a deal will happen? More >

Nasdaq Looking to Go Back to Europe
Excerpt from the InvestorGuide.com Stock of the Day on 11/20/2006

In a move where the main question was 'when' not 'if', the NASDAQ Stock Market Inc. this morning made public an unsolicited takeover bid for the London Stock Exchange (LSE), valuing the oldest European exchange at $5.1 billion (£2.7 billion). The move was widely expected after the company that owns and operates the NASDAQ stock exchange made an unsuccessful bid for the LSE in March of this year and then went on to amass a 25.1% stake in it. Now that Nasdaq has made its intentions crystal clear, the question is can this deal actually go through or can LSE management block another takeover from happening (their fourth in recent memory)? More >

NASDAQ OMX Group, Inc. (NDAQ) Upgrades

Date
Analyst
Old Rating
New Rating
10/28/2009
Raymond James
Market Perform
Outperform
10/28/2009
Fox-Pitt
In-Line
Outperform
08/03/2009
Pali Research
Sell
Neutral
05/20/2009
BMo Capital
Market Perform
Outperform
09/17/2008
Keefe, Bruyette and Woods
Market Perform
Outperform
08/06/2008
Friedman Billings Ramsey
Market Perform
Outperform

NASDAQ OMX Group, Inc. (NDAQ) Downgrades

Date
Analyst
Old Rating
New Rating
07/01/2009
Deutsche Bank
Buy
Hold
04/01/2009
Raymond James
Outperform
Market Perform
09/24/2008
Goldman Sachs
Buy
Neutral
10/12/2007
Goldman Sachs
Buy
Neutral
10/11/2007
Piper Jaffray & Co.
Outperform
Market Perform
09/23/2007
Friedman Billings
Outperform
Mkt Perform

NASDAQ OMX Group, Inc. (NDAQ) New Coverage

Date
Analyst
Rating
10/15/2009
Susquehanna
Neutral
03/30/2009
Pali Research
Sell
03/25/2009
Broadpoint AmTech
Sell
06/13/2008
Credit Suisse
Neutral
04/04/2008
UBS
Neutral
03/19/2008
Raymond James
Market Perform
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