Tuesday, June 12, 2007

Lehman Bros Qearnings rise 27 percent

Lehman Brothers quarterly earnings rise 27 percent (Reuters)

Jack Malvey, Managing Director and the Chief Global Fixed-Income Strategist at Lehman Brothers, speaks during the Reuters Investment Outlook Summit in New York, June 11, 2007. Lehman on Tuesday said its second-quarter profit rose 27 percent as surging bond underwriting and stock trading revenue more than made up for bond trading results hurt by U.S. mortgage weakness. (Keith Bedford/Reuters)Reuters - Lehman Brothers Holdings Inc. , said on Tuesday that quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)