Lehman Brothers Reports Third Quarter Results (PR Newswire via Yahoo! Finance)
Lehman Brothers Holdings Inc. today reported net income of $887 million, or $1.54 per common share , for the third quarter ended August 31, 2007, representing decreases of 3% and 2%, respectively, from net income of $916 million, or $1.57 per common share , reported for the third quarter of fiscal 2006....more...Bernanke chooses deliberation over Greenspan's act-fast approach (Deseret Morning News)
Alan Greenspan trusted his instincts. Ben Bernanke trusts the MAQS....more... Jessica investigates (Daily Telegraph)
Jessica helps with probate and bereavement difficulties at Abbey - and gets £123,000 returned to readers, advises on foreign draft charges and more....more... Northern Rock: What the City says (Daily Telegraph)
Northern Rock's lending crisis: What the City thinks...more... Wednesday newspaper round-up: Next, BAE Systems, Carphone Warehouse (ShareCast)
LONDON (SHARECAST) - Fears of a bloodbath on the high street emerged yesterday as Next , the clothing retailer, gave warning that higher interest rates are yet to hit consumer spending....more... Q&A: Ask the financial planner (The News-Press)
Q: When I read about company retirement funds eroding, I wonder if I should worry about my pension....more... FTSE lacking inspiration (Investors Chronicle)
Leading shares have failed to show much direction so far today and business for the rest of the week is likely to be relatively lacklustre because of the Jewish New Year celebrations....more... FTSE opens lower (Investors Chronicle)
London equities fell in opening trade on Wednesday, losing a small portion of the strong gains made during the previous session as the mining sector lost ground to profit taking. The FTSE 100 was 0.3 per cent weaker at 6,260.0, a loss of 17 points....more... Fitch Downgrades $415.7MM & Affirms $720MM of Lexington Capital Funding III, LTD. (Business Wire via Yahoo! Finance)
NEW YORK----Fitch downgrades seven classes and affirms two classes of notes issued by Lexington Capital Funding III, Ltd. . The following rating actions are effective immediately: $480,000,000 class A-1 notes affirmed at 'AAA'; $240,000,000 class A-2 notes affirmed at 'AAA'; $160,500,000 class A-3 notes downgraded to 'AA' from 'AAA'; $70,725,000 class B notes downgraded to 'A' from 'AA'; ......more... |