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(Reuters) - Nasdaq OMX Group Inc declared its first quarterly dividend on Wednesday, but said first-quarter net earnings declined 18 percent mainly due to lower trading volumes for stocks and derivatives. The exchange operator said it plans to implement cost reductions, including job cuts, as it adjusts to the low volume environment. Nasdaq said it would pay a quarterly dividend of 13 cents a share, a 2 percent yield, reflecting its strong cash flow and capital generation. It also said it would continue to repurchase shares. ...



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