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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 01, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FINANCE

Options exchange tops forecasts

International Securities Exchange, an electronic exchange for options trading, said Q4 EPS jumped 50% to 27 cents ex items, beating views by a penny. Sales rose 15% to $40.1 mil, driven by higher trading volumes. Full-year '05 profit rose 21% to 93 cents a share. The exchange, which went public in April, said it has plans to expand through joint ventures with other exchanges and exchange-to-exchange trading bridges. Shares rose 1.5% to 37.15.

Archipelago beats before merger

The electronic stock exchange, being bought by the NYSE, reported after hours that earnings rose 8% to 28 cents a share, excluding merger costs, topping views by 3 cents. Archipelago's revenue rose 44% to 184.9 mil. The merger is expected to close in a couple of weeks, turning the NYSE into a publicly traded, for-profit company. Archipelago rose in late trading.

Countrywide profit disappoints

The large residential mortgage lending firms reported Q4 earnings rose 68% to $1.03 a share, missing views ...

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