"Lehman Beats Forecasts, Stock Surges"

But this is the AP so their headline reads;
Lehman Profit Falls 57 Percent

Tuesday March 18, 9:17 am ET
By Stephen Bernard, AP Business Writer
Lehman Brothers Earns $489 Million During First Quarter, Beating Analyst Expectations

NEW YORK (AP) -- Investment bank Lehman Brothers Holdings Inc. said Tuesday its fiscal first-quarter earnings fell 57 percent due to a steep decline in its capital markets business, but its shares soared as it easily beat Wall Street forecasts.

Comments

Popular posts from this blog

Dems are gonna pull another Wellstone...