Lehman posts record $1.27b profit
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Lehman Brothers Holdings Inc. , the first of Wall Street's biggest firms to report second-quarter earnings, said profit rose 27 percent to a record as a rally in stocks fueled equity trading and investment-banking revenue increased.
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Wall Street brokerage house Lehman Brothers Holdings Inc. is close to reaching a deal to pay about $220 million to settle a class-action lawsuit alleging that it and other big brokerage firms participated in a scheme with Enron Corp.
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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.
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Investment bank Lehman Brothers  Holdings Inc.  on Thursday said fiscal fourth-quarter  profit rose 22 percent with record revenue from virtually every  business line, but investors expecting even better results sent  its shares down in premarket trade.
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Investment manager T. Rowe Price Group  Inc. TROW.O said on Friday that quarterly profit rose 42  percent to a record, helped by a big increase in investment  advisory revenues.
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Tom Lehman shot a five-under-par 67 on Saturday to join Briny Baird at the top of the leaderboard after the third round of the Funai Classic.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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NEW YORK Sept. 21, 2004 - Financial services firm Lehman Brothers Holdings Inc.&#39;s third-quarter profit rose 5.2 percent, beating analysts&#39; expectations, but its earnings per share fell by 10 cents from a
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MasterCard Inc. , the credit card company that went public in May, reported a better-than-expected fourth-quarter profit on Friday, reversing a year-ago loss and sending its shares to a record high.
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SAN FRANCISCO - Hewlett-Packard Co. Tuesday reported quarterly profit rose 27 percent as the computer and printer maker saw record revenues in every business and every region and fixed problems with its server
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ORLANDO, Florida  - Tom Lehman shot a  five-under-par 67 Saturday to join Briny Baird at the top of  the leaderboard after the third round of the Funai Classic.
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COMPUTER and printer maker Hewlett-Packard has reported record revenues in every business and every region, with quarterly profit up 27 per cent.
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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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Goldman Sachs Group Inc. , the  largest investment bank by market value, said on Tuesday  quarterly earnings rose to a record, despite recent fears that  mortgage market woes and flagging stocks would hurt results.
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Investment bank Lehman Brothers Holdings Inc.  on Thursday said fiscal fourth-quarter profit rose 22 percent with record revenue from virtually every business line, but investors expecting even better results sent its shares down in premarket trade.
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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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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.