UPDATE: NYSE Euronext Reports Drop In Q2 Profit

NYSE Euronext NYX reported a 16% drop in its profits for the second quarter. NYSE Euronext reported its quarterly earnings at $154 million, or $0.59 per share, down from $184 million, or $0.70 per share, in the year-ago period. Its revenue rose 1% to $661 million. However, analysts were expecting earnings of $0.60 per share on revenue of $652.7 million. NYSE Euronext shares gained 0.52% to $33.17 in after-hours trading.