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These excerpts taken from the NDAQ 10-K filed Feb 27, 2009. Dividend and Investment Income
Dividend and investment income was $8.4 million in 2008 compared with $14.7 million in 2007, a decrease of $6.3 million. Dividend and investment income in 2008 primarily relates to the inclusion of OMX’s and NASDAQ OMX PHLX’s dividend and investment income. Dividend and investment income in 2007 is primarily due to the receipt of ordinary dividends declared from our investment in the LSE.
Dividend and investment income was $14.7 million in 2007 compared with $16.2 million in 2006. Both periods represent ordinary dividends from our investment in the LSE.
Dividend and Investment Income Dividend and investment income was $8.4 million in 2008 compared with $14.7 million in 2007, a decrease of $6.3 million.
Dividend and investment income
relates to the NASDAQ Dubai transaction. In connection with the NASDAQ Dubai transaction, we contributed intangible assets and $50.0 million in cash to NASDAQ Dubai in exchange for a 33 1/3% equity ownership in NASDAQ Dubai. One of the intangible assets contributed was the Nasdaq trade name, which had a zero carrying value on Nasdaq’s books and records prior to the transfer. As a result, we recognized a $26.0 million gain for the difference between Nasdaq’s carrying value and the fair value of the contributed asset on this non-monetary exchange. See “Equity Investment in NASDAQ Dubai,” of Note 3, “Business Combinations,” to the consolidated financial statements for further discussion. Also included is income from our share of the earnings and losses from our ownership in unconsolidated equity method investees.
This excerpt taken from the NDAQ 10-Q filed Nov 7, 2008. Dividend and Investment Income Dividend and investment income was $1.7 million in the third quarter of 2008 compared with $0.1 million in the third quarter of 2007, an increase of $1.6 million which was primarily due to the inclusion of OMX’s and PHLX’s dividend and investment income. Dividend and investment income was $5.0 million in the first nine months of 2008 compared with $14.6 million in the first nine months of 2007, a decrease of $9.6 million. The decrease in the first nine months of 2008 is primarily due to the receipt of ordinary dividends declared from our investment in the LSE in 2007. This excerpt taken from the NDAQ 10-Q filed Aug 8, 2008. Dividend and Investment Income Dividend and investment income was $2.9 million in the second quarter of 2008 compared with $14.6 million in the second quarter of 2007, a decrease of $11.7 million and was $3.3 million in the first six months of 2008 compared with $14.5 million in the first six months of 2007, a decrease of $11.2 million. The decrease in both periods is primarily due to the receipt of ordinary dividends declared from our investment in the LSE in 2007. This excerpt taken from the NDAQ 8-K filed Aug 6, 2008. Dividend and Investment Income Dividend and investment income was $2.9 million in the second quarter of 2008, up $0.4 million from the second quarter of 2007, and up $1.2 million when compared to the first quarter of 2008. Dividend and investment income for the quarter includes an ordinary dividend received on an investment in our available-for-sale portfolio. | EXCERPTS ON THIS PAGE:
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