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Tuesday, February 15, 2011

D.Boerse optimistic for 2011, sees growth, (NYSE: NYX)

Deutsche Boerse (DB1Gn.DE) said it was optimistic for 2011 as it reported quarterly results hours after unveiling plans to create the world's largest exchange operator in a $10.2 billion deal with NYSE Euronext (NYX.N). "For 2011, we expect growth in all business areas," Deutsche Boerse Chief Executive Reto Francioni said in a statement late on Tuesday as the company reported fourth-quarter net profit above expectations. Deutsche Boerse and NYSE Euronext earlier announced their tie-up plans, which will create a company with 2010 net revenues of $5.4 billion, but dodged key questions that could yet threaten its completion. [ID:nSGE71E027]

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