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Showing 121 - 130 of 176 results for "Lehman Brothers"

Market Wrap - Midday

AAP  |  TUESDAY, 16 SEP 2008
... Australian stocks were weaker at noon after US shares went into freefall overnight following New York investment bank Lehman Brothers' backruptcy, the firesale of Merrill Lynch and continuing rumours about the stability of American Insurance Group. At ...

Where to in global equities?

MICHELLE BALTAZAR  |  TUESDAY, 16 SEP 2008
The demise of Lehman Brothers and the rushed sale of Merrill Lynch to Bank of America are just the latest examples of the ongoing financials fallout. But does it mean the sector is now full of bargain stocks carried in the sweep? Not quite - and not ...

Lehman Bros files for bankruptcy

RUTH LIEW  |  TUESDAY, 16 SEP 2008
Lehman Brothers yesterday filed for bankruptcy in the US, and the shock effects are already reverberating around the world. According to a press statement released by Lehman Brothers, the group's board of directors has authorised the filing of the petition ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... to its lowest level since October 2006. The global sell-off came after the US fourth largest investment bank, Lehman Brothers, filed for Chapter 11 bankruptcy protection on its debts worth more than US$600 billion. This was almost immediately followed ...

Market Wrap - Morning

AAP  |  TUESDAY, 16 SEP 2008
... Street, after US shares went into a freefall on Monday over financial market uncertainty revolving around the Lehman Brothers bankruptcy and the fire sale of Merrill Lynch. At 0722 AEST, the Sydney Futures Exchange's September Share Price Index contract ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... that followed the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group reminded investors that the problems in the US financial sector remain. ...

Market Wrap - Midday

AAP  |  MONDAY, 15 SEP 2008
... 4860.7. The September share price index futures contract gave up 124 points to 4801 on volume of 55,059 contracts. Lehman Brothers continues its fight for survival in the US, while rumours circulated that insurance giant AIG is unsteady and Bank of America ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... on Friday in a market dragged around by reports and speculation about the fate of two troubled financial firms, Lehman Brothers and Washington Mutual. In a volatile session that saw gains and losses reverse several times, the Dow Jones Industrial Average ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 SEP 2008
... financial sector's stronger players and pumped money into the materials and transportation sectors. Traders dumped Lehman Brothers, but other banks that traded poorly during the day jumped in afternoon trade as punters bet that at least some institutions ...

Market Wrap - Midday

AAP  |  THURSDAY, 11 SEP 2008
... Australian sharemarket was weaker at noon, with the financial sector leading the losses following investment bank Lehman Brothers' announcement of plans to sell off key assets after posting more losses. Wall Street rose marginally overnight, while oil ...