NYSE parent company’s ICE report drops fourth-quarter profit According to Reuters
© Reuters. FILE PHOTO: A screen showing the Intercontinental Exchange Inc ticker and logo. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS / Brendan McDermid
(Reuters) – The Intercontinental Exchange (NYSE:) Inc reported a decline in fourth-quarter adjusted profit on Thursday, hit by a slump in demand in its world technology business. challenge.
On an adjusted basis, the company reported net income of $698 million, or $1.25 per share, for the quarter ended December 31, compared with $761 million, or $1.50 per share. $34 per share for the previous year.