Warm Up to ICE
IntercontinentalExchange (ICE) went from almost unknown to very famous this week when it agreed to buy NYSE Euronext (NYX), the venerable owner of the New York Stock Exchange.
This remarkable company has only been publicly traded since November of 2005. ICE has posted admirable results over the past seven years. Its snapshot valuation picture is shown below. ICE's electronic trading platform allows for low overhead and very good net profit margins. The company is almost debt-free....303 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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