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Showing 151 - 160 of 177 results for "Lehman Brothers"

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 APR 2008
... rose 4.8 points to 5,414.5. NEW YORK - US stocks gained more than 2 per cent on Tuesday as strong demand for a Lehman Brothers share offering and a big UBS write-down helped to ease credit market concerns. The Dow Jones industrial average was up 317.05 ...

Market Wrap - Midday

AAP  |  FRIDAY, 28 MAR 2008
... cents, or 2.15 per cent, to $41.40 and Westpac dropped 91 cents, or 3.7 per cent, to $23.67. In the US overnight, Lehman Brothers Holdings Inc, lost nine per cent, leading US banks lower on speculation that the bank faces funding shortages. Lehman said ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAR 2008
... said the US market had been pleasantly surprised by better than expected earnings results from Goldman Sachs and Lehman Brothers. "Lehman Brothers particularly turned financial stocks around on Wall Street," Ms Saly said. "We were expecting to see another ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 MAR 2008
... top shares surged 3.5 per cent higher as the prospect of a hefty US rate cut and forecast-beating results from Lehman Brothers and Goldman Sachs calmed shaken investors. The FTSE 100 closed at 5,605.8 points, up 191.4 or 3.54 per cent. FRANKFURT - The ...

Lehman Bros wins Japanese trading approval

Lehman Brothers has received approval to trade certified emission reductions (CERs) in Japan, becoming the only global investment bank able to provide liquidity for the Asian and European carbon markets. The company is the first foreign financial firm ...

Councils take action on CDOs

MICHELLE BALTAZAR AND RUTH LIEW  |  MONDAY, 18 FEB 2008
... The New South Wales' Wingecarribee Shire Council for example has taken legal action in the Federal Court against Lehman Brothers Australia claiming that the representations made by Lehmans, including advice on the security of council's capital in CDO ...

Western Asset repositions for 2008

MICHAEL HOBBS  |  MONDAY, 4 FEB 2008
... he said. Western Asset formed in 1971 and was purchased by Legg Mason in 1986. In 1996 Western Asset purchased Lehman Brothers Global Asset Management, which was re-branded under Western Asset. Legg Mason purchased CitiGroup's asset management business ...

What US recession?

RUTH LIEW  |  TUESDAY, 22 JAN 2008
... and blown out of proportion - but the outlook for 2008 still looks fairly benign, according to economists from Lehman Brothers. "There's a 60 per cent chance, in our view, that the economy will not go into recession," said Paul Shead, global chief economist ...

Lehman Brothers banks on natural resources

Lehman Brothers Australia has hired a natural resources expert to head its Australian investment banking business. The group has appointed Shaun Treacy as the new managing director of investment banking. Prior to joining Lehman, Treacy worked for over ...

Lehman Brothers renames Grange

Lehman Brothers has renamed its Australian business, Grange Securities, to Lehman Brothers Australia. The re-branding follows Lehman's acquisition of Grange Securities and Grange Asset Management in March this year. Since then, Lehman Brothers has hired ...