Lehman Profit Falls but Beats Estimates
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The investment bank said that private-equity investments and investment banking helped fourth-quarter profit beat Wall Street expectations.
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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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US investment bank Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said fourth-quarter profit rose 22 percent on continued strength from fixed-income
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NEW YORK - Lehman Brothers Holdings Inc., Wall Street's fourth-largest securities firm, on Wednesday delivered third-quarter profit above projections despite a slowdown in its key investment banking business.  Lehman said it was snared in challenging market conditions.
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Lehman Brothers Holdings Inc. LEH.N   said on Wednesday that third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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Lehman Brothers Holdings Inc., the fifth-biggest US securities firm, said quarterly profit rose 22 percent, exceeding analysts&#39; estimates, and earnings in 2005 may be higher than this year&#39;s record.
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Profit at No. 4 bank rises, but misses estimates as revenue from home loans tumbles 40 percent. NEW YORK  - Wells Fargo &amp; Co.
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Goldman Sachs Group Inc. GS.N and  Lehman Brothers Holdings Inc. LEH.N on Tuesday posted  higher-than-expected quarterly profits, fueled by surprising  strength in bond trading and investment banking growth.
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Morgan Stanley and Bear Stearns posted drops in quarterly profit yesterday, surprising some investors one day after two other big investment banks reported a rise in earnings.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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Morgan Stanley follows Lehman Brothers' lead and reports a small fall in three-month profits.
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U.S. investment bank Lehman Brothers Holdings Inc.  on Wednesday said fourth-quarter profit rose 22 percent on continued strength from fixed-income businesses and record investment banking revenue.
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U.S. Treasury prices fell on Tuesday in  profit-taking after a weaker-than-expected consumer confidence  index failed to punch key yields below recent lows.
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Net income at US bank Lehman Bros fell a smaller-than-expected 12% in the fourth quarter to $886m.
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Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, reported better than expected earnings for the fourth quarter.
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Lehman Brothers Holdings Inc. , said on Tuesday that quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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U.S. investment bank Morgan Stanley on  Wednesday said quarterly profit fell amid reduced trading  revenue, reflecting the impact of sluggish markets this summer.