Nasdaq Fourth-Quarter Earnings Beat Forecasts Amid Cost Cutting

Nasdaq Fourth-Quarter Earnings Beat Forecasts Amid Cost Cutting

Scott Eells/Bloomberg

Nasdaq said total operating expenses for 2013 will be in the range of $960 million to $990 million including $50 million to $60 million in incremental new initiative spending.Pedestrians pass in front of the Nasdaq MarketSite in New York.