Business

Business

Bats Global Markets doubled profit in first quarter

Bats Global Markets, the Lenexa-based operator of the nation’s second-largest stock exchange, doubled its earnings in the first three months of the year compared with a year ago. The report covered the final three months that Bats operated as a privately owned business. Its shares began trading publicly last month.

Technology

Analysts split on Sprint’s transformation and network plans

Sprint’s new focus on its transformation won kudos and concerns from investment analysts Wednesday, with a heavy dose of attention to the company’s plans for its wireless network. Sprint executives had said Tuesday they are focusing on spending their shrunken marketing budget more effectively, targeting high-quality subscribers rather than just trying to pad the customer count, and improving network coverage and speeds in the most cost-efficient ways.