Skip to: Content
Skip to: Site Navigation
Skip to: Search

WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Lehman Brothers

Lehman Brothers stories: 153 news summaries

141 - 153 of 153 Stories | << Prev 1 ... 4 5 6 7 8

Will Lehman Be the Crunch's Next Victim?

Shaky confidence means its biggest fear may be fear itself

(Newser) - After a collapse of confidence sank Bear Stearns last week, some traders are betting that Lehman Brothers will be the next victim of the credit crunch. Its stock went on a rollercoaster ride yesterday—plunging 40% at one point and closing down 19%, the biggest fall since the firm went... More »

MORE ABOUT:
Wall Street Bear Stearns financial markets Lehman Brothers brokerage subprime crisis financial crisis

 Investors Ask: Who's Next? 

Wall Street survived the near-collapse of Bear Stearns, but there's more trouble ahead

(Newser) - Wall Street, reeling over JP Morgan’s bargain-basement purchase of Bear Stearns, is anxiously watching to see “who’s next” to succumb to the continuing credit squeeze, reports the Financial Times. As investment banks prepare to release first quarter results this week—led by Goldman Sachs and Lehman... More »

MORE ABOUT:
Wall Street Citigroup Goldman Sachs Bear Stearns Lehman Brothers subprime crisis JPMorgan Chase financial crisis

Goldman Analysts Warn of Next Crisis

Commercial real estate outlook even worse than subprime situation

(Newser) - Commercial real estate could be the next victim of the current economic downturn, and if it is, expect it to cause another full-fledged crisis, the Wall Street Journal reports. Commercial real estate values could fall as much as 26% over the next 2 years, Goldman Sachs analysts predict, leading to... More »

MARKETS

Markets Rally After Early Swoon

Good numbers from consumers make for bullish afternoon 

(Newser) - Thanks to two pieces of unexpectedly good news today, the markets erased early losses, the Dow climbing 44.06 to 13,517.96 after dipping to almost 13,350 this morning. Retail sales in November increased 1.2%, twice what watchers had estimated. And wholesale prices had their biggest one-month... More »

MORE ABOUT:
Dow Jones Morgan Stanley Merrill Lynch Lehman Brothers Nasdaq retail sales S&P 500

MARKETS

Stocks Fall on Credit Worries

JPMorgan says earnings will drop at big brokerages

(Newser) - Stocks fell again today after JPMorgan Chase predicted that profits would drop at big brokerages. Meanwhile, lower oil prices lowered earning prospects for energy companies, reports Bloomberg. "Until credit loosens up, you can't get a solid footing in the market," says a manager. The Dow was down 65.... More »

MORE ABOUT:
stock market Exxon Chevron Goldman Sachs Federal Reserve Morgan Stanley Merrill Lynch Lehman Brothers JPMorgan Chase

MARKETS

Financials Drag Dow Down

Good vibes on mortgage deals steady markets

(Newser) - Bad news in the financial sector today meant the first bearish day for the market in five sessions, as Deutsche Bank’s negative prediction for fourth-quarter earnings pushed Morgan Stanley, Merrill Lynch, and Lehman Brothers downward. The Dow fell 57.15 to 13,314.57, the Nasdaq slid 23.83... More »

MORE ABOUT:
Dow Jones Henry Paulson Morgan Stanley Deutsche Bank Merrill Lynch Lehman Brothers Nasdaq home builders S&P 500

Goldman Leads Wall Street Bonus War

Under pressure to
keep talent, losing
firms shell out big

(Newser) - The Big Five Wall Street securities firms will pay $38 billion in bonuses this year—up from $36 billion last year—while shareholders tote up $74 billion in losses, their worst year since 2002, Bloomberg reports. All but Goldman Sachs lost more than 20% of their market value, says an... More »

MORE ABOUT:
Wall Street Goldman Sachs Morgan Stanley Bear Stearns Merrill Lynch Lehman Brothers investment bankers bonuses

Street Foresees Very Good Year  

Amid chaos, $28B in earnings marks the second best in history

(Newser) - Despite $45 billion in subprime writedowns, rolling CEO heads, and an $84 billion drop in market value, Wall Street will somehow post its second-most-profitable year ever, reports Bloomberg. “As the bombs are dropping and the mines are exploding, it's a bit of a surprise,'' said an investment banker.... More »

MORE ABOUT:
investing Wall Street Citigroup Goldman Sachs UBS earnings reports Merrill Lynch Lehman Brothers

Stocks Fall on Financial Pessimism

Slashed Countrywide estimates, housing figures lead to slump

(Newser) - US stocks fell today on a disappointing home-sales report and lowered projections for Countrywide, the nation’s top home lender, with Lehman Brothers citing “extraordinary weakness” in mortgage loans. The Dow closed at 13,322.13, down 56.74, near the session low. The S&P 500 fell 12.... More »

MORE ABOUT:
stock market Dow Jones Lehman Brothers Nasdaq Countrywide S&P 500

Home Depot Deal Renovated

Price for wholesale unit slashed

(Newser) - The sale of Home Depot's wholesale supply unit—threatened by the credit crisis —is going ahead after tense negotiations between Home Depot, private equity firms buying the company and banks providing the financing. Home Depot slashed its price 18% to $8.5 billion and guaranteed some of the loans... More »

Banks Might Derail Home Depot Deal

Private equity threatens lawsuit as financing dries up

(Newser) - The pending sale of part of Home Depot took an ugly turn last night as three banks and three private equity firms entered into a showdown over financing. Home Depot dropped its asking price by over $1 billion, but the banks involved—JPMorgan Chase, Lehman Brothers and Merrill Lynch—have... More »

MORE ABOUT:
private equity Carlyle Group Bain Capital Merrill Lynch Lehman Brothers Home Depot buyout credit crisis JPMorgan Chase

Battered Bear Tries to Act Bullish

Wall Street's anxieties force Bear Stearns to make major changes

(Newser) - The securities firm Bear Stearns will oust its stocks and bonds trading chief, the WSJ reports, and soften its emphasis on short-term trades. The extraordinary moves come in the wake of Friday's market sell-off, partly triggered by investor concern about Bear Stearns after the collapse of two of its mortgage-bond... More »

MORE ABOUT:
Wall Street housing market subprime mortgages Bear Stearns loans hedge fund Lehman Brothers bonds corporate credit Warren Spector

Tishman, Lehman Close REIT Deal

$13.5B offer for apartment giant marks major privatization

(Newser) - In a penthouse-level play, real estate developer Tishman Speyer Properties and investment bank Lehman Brothers will spend $13.5 billion to buy the nation's second-largest apartment owner. The $60.75 per share offer for real estate trust Archstone-Smith, confirmed this morning, will take the company private in a deal worth... More »

141 - 153 of 153 Stories | << Prev 1 ... 4 5 6 7 8