Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


CBOE Holdings Shares Marginally Lower Despite Record Q4 Results (CBOE)

Friday, February 8, 2013 11:23 AM
Shares of CBOE Holdings Inc. (NASDAQ: CBOE) have edged lower in early trading today even as the company reported record fourth-quarter financial results. Key Points
  • CBOE reports record fourth-quarter GAAP net income
  • The company’s operating revenue for the quarter rise 8%
  • CBOE in talks with SEC to settle a previously disclosed probe
William J. Brodsky, Chairman and CEO of CBOE Holdings, said that the company’s record-setting financial results for the fourth quarter and strong overall performance for 2012 were made noteworthy given the year’s well-known macro challenges. Indeed 2012 was difficult year as economic uncertainty led to muted trading activities. Brodsky said that CBOE’s ability to leverage its higher-margin, proprietary products and to effectively manage its resources enabled it to return increased value to stockholders while continuing to invest in product development, trading technology and investor education. For the fourth quarter, CBOE reported GAAP net income of $39.2 million, or $0.45 per share, a record and up from $31.3 million, or $0.35 per share reported for the same period in the previous year. The company’s adjusted net income for the quarter was $38.9 million, or $0.45 per share, compared to $33.2 million, or $0.37 per share reported for the same period in the previous year. Operating revenue for the quarter was $130.1 million, representing an increase of 8% over the same period in the previous year. For the full year 2012, CBOE reported GAAP net income of $155.4 million, or $1.78 per share, up 14% over 2011. Total operating revenue for 2012 rose to $512.3 million from $508.1 million in 2013. At last check, CBOE shares were trading 0.12% lower at $34.26. About CBOE Holdings Inc. CBOE Holdings Inc. is an operator of markets for trading of listed options contracts.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

For Hong Kong regulator, HSBC presents major challenges For Hong Kong regulator, HSBC presents major challenges
HONG KONG (Reuters) - A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city`s banking watchdog, regulatory experts said. Th...
Stock futures up ahead of Apple earnings, Fed meeting later this weekStock futures up ahead of Apple earnings, Fed meeting later this week
(Reuters) - U.S. stock index futures were up slightly on Monday after the Nasdaq Composite and S&P 500 chalked up record high closes on Friday and ahead of Apple`s <AAPL.O> results after t...
Deflation? Oil's 45 percent rebound could be markets' next headacheDeflation? Oil's 45 percent rebound could be markets' next headache
LONDON (Reuters) - Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. ...
Greek government reshuffles EU/IMF negotiating team after Riga debacleGreek government reshuffles EU/IMF negotiating team after Riga debacle
ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, after his finance minister was sharply criticized for his performan...
Fitch downgrades Japan, joins Moody's in warning on fiscal policyFitch downgrades Japan, joins Moody's in warning on fiscal policy
TOKYO (Reuters) - Fitch Ratings downgraded Japan`s credit rating by one notch after the government failed to take steps in this fiscal year`s budget to offset a delay in a sales tax increase, the ag...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Algorithm Based
Trade Signals
arrow
small cap swing trades Futures Day Trading System S&P + Crude Oil Signals
Autotrading Autotrade Stocks Try for Free!