The battle for the New York Stock Exchange has deepened with the co-bidders saying they will make a aggressive takeover bid. NYSE Euronext has twice rejected an unwanted approach from Nasdaq and Intercontinental Exchange worth about $11.3billion. NYSE’s board has already accepted a $10.2billion offer from Deutsche Boerse.
New York Stock Exchange
Fast food giant McDonald’s has reported better-than-expected profits for the first quarter of 2011, with sales up in the US, Europe and Asia. According to a scrutinizing figures, First quarter profits were $1.2bn), up 10.9% from a year ago, with revenues rising 9% to $6.1bn. McDonald’s global analogous sales were 4.2% higher.