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A holding company that, through its subsidiaries, operate and regulate two securities exchanges: the NYSE and NYSE Arca, Inc. The Company is a provider of securities listing, trading and related information products and services.
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drschitt (88.86) Submitted: 4/01/08 11:21 AM : Start Price: $62.81 NYX Score: -20.72
NYSE recenyly announces 1 billion buyback in common stock.It also increases dividend 20% to $1.20 per share.All on top of solid 4th quarter results highlighted by revenues rocketing 79%.What is not to like with this stock?
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mfgd (91.58) Submitted: 5/06/08 11:58 AM
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!st quarter "08 has profits tripling.
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drschitt (88.86) Submitted: 5/06/08 2:47 PM
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Yes, that's 2 consecutive quarters they reported triple profits. That's a double triple.Like I said; what's not to like!
jgseattle (91.96) Submitted: 5/21/08 12:48 AM
I like this type of company. High entry barriers, not a lot of competition (sort of), consolidation. We will always need markets to trade and the NYSE is going to be big one. I think in the past after the archopelogo (spelling i know) the price was a bit rich, now I think it is a good entry point. I have a small position and will look for a summer drop to add.
FleaBagger (99.66) Submitted: 5/22/08 4:07 PM
Actually, two triples is a nonuple, thanks to compounding.