"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

Post a Comment

Popular posts from this blog

No one spoke to Blago, except Rahmbo multiple times...

The dominoes keep falling... but he can't talk about it because, well you know, he's dad... Rahm Emanuel Reportedly Spoke with Blagojevich About Senate Seat Conversations with Governor? Chicago -- The firestorm surrounding Governor Blagojevich is putting some heat on Barack Obama’s transition team. Fox Chicago News has learned about possible conversations between a top Obama aide and the governor regarding the open senate seat. Craig Wall has the exclusive.
Read more

Obama at 45% in Rasmussen

Image
Daily Presidential Tracking Poll - Rasmussen Reports™ Daily Presidential Tracking Poll Friday, March 19, 2010 The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 23% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-four percent (44%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -21. That matches the lowest Approval Index rating yet recorded for this President (see trends). Each time the President leads a big push for his health care plan, his job approval ratings suffer. For Members of Congress, the impact may be more tangible. Just 34% say they’re more likely to vote for someone who supports this legislation. Fifty-percent (50%) are less likely to vote for a Member of Congress who supports the health care reform plan proposed by the President and Congressional Democrats.
Read more