NASDAQ (NDAQ) Declares $0.49 Quarterly Dividend; 1.5% Yield

Nasdaq tops profit views amid clamor for tech stocks

July 22, 2020 7:11 AM EDT

By John McCrank and C Nivedita

(Reuters) - Nasdaq Inc (NASDAQ: NDAQ) on Wednesday reported second-quarter profits that topped expectations as the company's technology-heavy indexes attracted record inflows and exchange volumes surged with more people trading from home while under COVID-19 lockdowns.

Work-from-home mandates due to the coronavirus pandemic have led to a greater reliance on technology companies, many of the biggest of which are listed on Nasdaq, sending the exchange... More

NASDAQ (NDAQ) Tops Q2 EPS by 10c

July 22, 2020 7:03 AM EDT

NASDAQ (NASDAQ: NDAQ) reported Q2 EPS of $1.54, $0.10 better than the analyst estimate of $1.44. Revenue for the quarter came in at $699 million versus the consensus estimate of $681.97 million.

UPDATING 2020 NON-GAAP EXPENSE AND TAX GUIDANCE:

The company is narrowing its 2020 non-GAAP... More

Nasdaq earnings expected to benefit from tech rally

July 21, 2020 7:50 AM EDT

By John McCrank

NEW YORK (Reuters) - Nasdaq Inc (NASDAQ: NDAQ) is expected to report higher second-quarter earnings on Wednesday as hopes of a rapid recovery from the coronavirus pandemic sent technology stocks surging, sending its benchmark Nasdaq 100 index to record highs.

Nasdaq benefits from trades on its exchange and when assets linked to its indexes rise.

The Nasdaq 100's climb, along with gains in the... More

Raymond James Downgrades Nasdaq OMX Group Inc. (NDAQ) to Market Perform

July 21, 2020 4:50 AM EDT

Raymond James analyst Patrick O'Shaughnessy downgraded Nasdaq OMX Group Inc. (NASDAQ: NDAQ) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Nasdaq OMX Group Inc.... More