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Showing 221 - 230 of 260 results for "Lehman"

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 JUN 2008
... fall in almost three months, ending 2.8 per cent lower. The big decline was led by financials after US investment bank Lehman Brothers reported a $US2.8 billion loss and announced it would raise billions of dollars in capital. Bellwether resources stocks ...

Market Wrap - Midday

AAP  |  TUESDAY, 10 JUN 2008
... The Australian share market was down more than two per cent at noon, as the banks led declines after US investment bank Lehman Brothers announced overnight it expects an unprecedented second-quarter loss. At 1200 AEST, the benchmark S&P/ASX200 index ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 JUN 2008
... Ordinaries shed 78.2 points, or 1.35 per cent, to 5,703. NEW YORK - US stocks fell 0.8 per cent as reports investment bank Lehman Brothers was short of capital and could have to raise billions of dollars in equity reinforced fears of more fallout from ...

Lehman realigns to focus globally

MICHAEL HOBBS  |  WEDNESDAY, 21 MAY 2008
Lehman Brothers has shifted to a global fixed income management strategy forcing them to abandon their Australian focused funds. "We will no longer be managing Australian based fixed income assets for our clients," said the firm in a statement. "[However] ...

Lazard appoints Asia MD

MICHAEL HOBBS  |  TUESDAY, 22 APR 2008
... excluding Japan. Choon has more than 15 years experience in Asian funds management and prior to this appointment worked at Lehman Brothers Investment Management as head of North Asia Institutional Business. In this role, Choon will introduce Lazard Asset ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 APR 2008
... average surged 4 per cent to a one-month peak as banks roared higher, with credit fears easing after a capital boost by Lehman Brothers and a write-down by Swiss Bank UBS AB. The Nikkei closed up 532.94 points at 13,189.36, its first time above 13,000 ...

Market wrap - midday

AAP  |  WEDNESDAY, 2 APR 2008
... ANZ adding $1.06 to $23.47 and Westpac increasing $1.17 to $24.57. US stocks gained overnight after strong demand for a Lehman Brothers share offering quelled fears it was headed toward a fate similar to Bear Stearns and a $US19 billion ($A20.83 billion) ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 APR 2008
... Ordinaries 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 ...

Market Wrap - Midday

AAP  |  FRIDAY, 28 MAR 2008
... lost 91 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 ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAR 2008
... Juliette Saly 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 ...