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Thursday, January 17, 2013

Nasdaq realigns software unit, hires new CIO, (NASDAQ: NDAQ), (NYSE: TRI), (TSE: TRI.TO)

Nasdaq OMX Group said on Thursday it is combining its software and market technology units as the exchange operator looks to sell more services to the companies that list on its exchanges and draw more revenue from its corporate customers.The catalyst for the new software-based segment was Nasdaq's acquisition of Thomson Reuters Corp's investor relations, public relations and multimedia services units for $390 million in December, Bob Greifeld, Nasdaq's chief executive officer, said in an interview."With that deal, our software businesses will exceed $500 million in revenue," he said, making the unit one of Nasdaq's largest reportable segments.The new "global technology solutions" business unit will be led by Anna Ewing, who currently runs Nasdaq's technology unit, and has been assigned the task of integrating the new units.

The NASDAQ OMX Group, Inc. (NASDAQ OMX) is a holding company. Shares of NDAQ remained unchanged at $26.85. In the past year, the shares have traded as low as $21.03 and as high as $27.34. On average, 1402020 shares of NDAQ exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.86. In the past year, the shares have traded as low as $26.20 and as high as $30.66. On average, 734318 shares of TRI exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.45. In the past year, the shares have traded as low as $26.47 and as high as $30.25. On average, 858235 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 0.



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