Lehman 4Q Earnings Rise Sharply
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Lehman Brothers Holdings Inc. on Wednesday said fourth-quarter earnings rose 22 percent, driven by record revenue in its investment banking and capital markets segments.
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Goldman Sachs Group Inc  said on Tuesday its fourth-quarter earnings rose as a timely bet against subprime mortgages and higher investment banking fees helped it sidestep the credit crunch that hammered the rest of Wall Street.
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Lehman Brothers Holdings Inc. , buoyed by stock and bond trading in the third quarter, extended the longest streak of earnings gains on Wall Street.
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Lehman Brothers Holdings Inc.   on Tuesday said quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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Lehman Brothers Holdings Inc  said on Thursday fourth-quarter earnings fell 12 percent, as the credit market crisis triggered write-downs, and the company said further write-downs were possible.
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Investment banks Goldman Sachs and Lehman Brothers yesterday surprised analysts by posting better than expected third-quarter profits.
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Investment bank Lehman Brothers  Holdings Inc. said on Wednesday first-quarter profit rose 14  percent, as real estate and strong equity markets helped lift  trading profits even with weakness in subprime mortgages.
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Investment bank Lehman Brothers Holdings Inc. , said on Tuesday second quarter profit rose, helped by a surge in investment banking revenue.
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Nasdaq Stock Market Inc.  said  on Tuesday that quarterly earnings more than tripled, helped by  strong trade revenue.
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Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said quarterly profit rose 22 percent on resilient fixed-income revenue, record
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U.S. stocks rose sharply on Thursday as large-cap companies such as IBM  and Honeywell International Inc.  reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.
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Goldman Sachs Group Inc. on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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Lehman Brothers Holdings Inc. LEH.N  Chairman and Chief Executive Richard Fuld received $26.3  million in compensation last year, a 33 percent increase from a  year earlier, as profit rose to a record.
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Goldman Sachs Group Inc.  on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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The fourth-quarter earnings reflected its funds' strong performance during a tough time in the market.
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US stocks closed slightly higher Wednesday, as better-than-expected quarterly results from investment bank Lehman Brothers Holdings Inc.
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Stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc  soothed investors' worst fears about fallout from credit turmoil ahead of an expected U.S. interest rate cut.