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Showing 201 - 210 of 260 results for "Lehman"

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
... Japan) dropped 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 ...

Market Wrap - Morning

AAP  |  TUESDAY, 16 SEP 2008
... from Wall 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 ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... jubilation 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 ...

Market Wrap - Midday

AAP  |  MONDAY, 15 SEP 2008
... cent, to 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 ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... finish 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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 SEP 2008
... the 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
The 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 ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 SEP 2008
... cent, to 4,961.44. NEW YORK - Stocks rose on Wednesday, a day after a steep selloff, as investors devoted attention to Lehman Brothers announcing it is trying to sell a majority stake in its prized investment management arm, and spin off a real estate ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 SEP 2008
... almost two per cent, mirroring heavy losses on Wall Street overnight on fears that the US's fourth-largest investment bank Lehman Brothers is running out of options to raise capital. At 1207 AEST, the benchmark S&P/ASX200 index was down 95 points, or ...