S&p lowers outlook on NYSE Euronext
Standard & Poor's Ratings Services said Tuesday that it lowered its outlook on NYSE Euronext to ``Negative'' from ``Stable'' after the company announced a $1 billion stock buyback program and increased its dividend.
Intercontinental Exchange Inc., which agreed in December to acquire NYSE Euronext, said fourth-quarter profit rose 2 percent as it cut expenses to boost earnings.