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Rumors swirl about potential Lehman sale
Shares of Lehman Brothers surged as much as 15% on reports that it may be acquired by Korea Development Bank.
Report: Asian investors spurn Lehman
Secret talks to sell off 50% of Lehman shares to Chinese or South Korean buyers are said to have broken down.
Lehman market value plummets
Shares of Lehman Brothers Holdings fell nearly 13% today on negative analyst comments.
Distressed Lehman said to shop divisions
Lehman Brothers has approached several potential bidders about selling Neuberger Berman Inc.
Lehman may take third-quarter bath
Analysts are expecting a loss of at least $1.8 billion, The Wall Street Journal reported.
Report: Lehman to ditch mortgage securities
The bank is said to be shopping tens of billions of dollars in mortgage securities to reduce leverage at the embattled investment bank.
Lehman said to mull going private
Lehman Brothers is giving “very serious consideration,” to taking the company private, the New York Post reported.
Lehman stock continues nosedive
Shares of Lehman Brothers continued to tumble today after taking a major dive yesterday.
Top Lehman execs forfeit bonuses
Lehman executives Richard Fuld and president Herbert “Bart” McDade will forgo 2008 bonuses after the bank posted its first quarterly loss since going public.
Rumors fly on possible Lehman sale
The CEO of Lehman Brothers may be considering selling the securities business of the company, according to CNBC.
Analyst upgrades Lehman to ‘neutral’
Despite its recent woes, Lehman Brothers was upgraded by an analyst at Ladenburg Thalmann & Co. Financial Services.
Lehman CEO faces industry analysts
"This is my responsibility and I wanted you to hear a few things from me directly," said Lehman CEO Richard Fuld.
Lehman takes $2.8 billion 2Q hit
The New York-based investment bank had recorded net income of $1.3 billion, or $2.21 per share in the year-ago period.
Lehman gets boost from BlackRock
BlackRock Inc. has purchased some Lehman Brothers shares in a secondary offering this week, according to news reports.
Lehman ousts COO, demotes CFO
Joseph Gregory is out as as president and COO while Erin Callan, formerly CFO, will join the executive committee.
Besieged Lehman may announce 2Q early
The investment bank had initially planned to release its earnings during the week of June 16, but may do so a week earlier.
Analysts see hope for Lehman
“Liquidity is not a major issue, in our view, while equity risk remains but does not seem outsized,” said a Bear Stearns analyst.
Analysts see hope for Lehman
“Liquidity is not a major issue, in our view, while equity risk remains but does not seem outsized,” said a Bear Stearns analyst.
Lehman shares plunge on capital concerns
Lehman shares dropped 12% today after reports surfaced the company may need to raise billions in additional capital.
Structured market leery of open systems
Open architecture has been slow to come to the structured products market.
