Lehman Brothers Inc.

News and overview for Lehman Brothers Inc.

Ormat Technologies, Inc. Announces Re-Purchase of Part-Ownership Interest in Certain of Its Geothermal Power Projects From an Institutional Equity Investor [Press Release]
PRNewswire | 19 days 23 hours 36 minutes ago
...its wholly-owned subsidiary, Ormat Nevada Inc., concluded the purchase of all of the class B membership interests in OPC LLC held by Lehman-OPC LLC, an affiliate of Lehman Brothers Inc., for a purchase price of $18.5 million...


Statement From James W. Giddens Under the Securities Investor Protection Act [Press Release]
PRNewswire | 68 days 19 hours 12 minutes ago
...Trustee for the Liquidation of Lehman Brothers Inc. under the Securities Investor...authorized by the sale of Lehman Brothers Inc. to Barclays, which was approved...when the order for the sale of Lehman Brothers Inc. was approved." CONTACT...


Capital Gold Group Clients Haunted by Lehman Fall 1 Year Later [Press Release]
PRNewswire | 70 days 4 hours 12 minutes ago
...Group Clients Haunted by Lehman Fall 1 Year Later PRNewswire...A year after the fall of Lehman Brothers, Capital Gold Group, Inc. is still helping retirees...together in an effort to save Lehman Brothers Holdings, Inc. by Treasury Secretary...


Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider [Press Release]
PRNewswire | 89 days 1 hour 12 minutes ago
Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider...Citadel Solutions announced today that it has been selected by Lehman Brothers Holdings Inc. (LBHI) to provide administration services, including the...


Boston Properties Announces Third Quarter 2009 Results [Press Release]
Business Wire | 26 days 19 hours 44 minutes ago
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, reported results today for the third quarter ended September 30, 2009.


Doral Financial Corporation Reports Earnings for the Third Quarter Ended September 30, 2009 [Press Release]
Business Wire | 14 days 5 hours 44 minutes ago
Doral Financial Corporation (NYSE:DRL) ("Doral" or the "Company"), the holding company of Doral Bank, a leading community bank based in Puerto Rico, today announced the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 reporting net income of $13.2 million, compared to a net loss of $1.8 million for the comparable 2008 period.


Blount International Announces CEO Succession [Press Release]
PRNewswire | 56 days 3 hours 41 minutes ago
...co-founding Collins Willmott & Co. in January 2008, Mr. Collins was employed by Lehman Brothers Inc. as a Managing Director and Principal of Lehman Brothers Merchant Banking, a private equity firm that was the former majority owner of Blount...


CCLM Holdings, Inc. Elects a New Board of Directors [Press Release]
PRNewswire | 83 days 2 hours 41 minutes ago
...Liquidating Trust, EquipMD Inc., IMI Inc., OSI Corp., Purolator Courier...Director experience with PPM America Inc, Teachers Insurance and Annuity...Brenner has previous experience with Lehman Brothers, Inc. and Arthur Andersen & Co. Mr...


Aetna Reports Third Quarter 2009 Results [Press Release]
Business Wire | 25 days 6 hours 44 minutes ago
Aetna (NYSE: AET) today announced third-quarter 2009 operating earnings of $308.2 million, or $.69 per share, a 38 percent decrease from the prior-year quarter. Operating earnings (1) exclude net realized capital gains (losses) and other items. The decrease in operating earnings per share from the prior-year quarter reflects a lower Commercial underwriting margin and a previously announced increase in pension expense partially offset by the impact of a lower number of shares outstanding year-...


Monument Realty's Potomac Place Tower Gets a Fresh Start [Press Release]
PRNewswire | 89 days 21 hours 12 minutes ago
...800 4th Street in Southwest Washington, D.C. The condominium project was stalled when the senior lender, Lehman Brothers Holdings Inc., filed for bankruptcy in September 2008. Since that time Monument Realty has worked closely with a new...


China Medicine Enhances Management Team with Appointments of New Chief Financial Officer and Finance Manager [Press Release]
PRNewswire | 84 days 4 hours 42 minutes ago
GUANGZHOU, China, Aug. 31 /PRNewswire-Asia/ -- China Medicine Corporation


Ixia Announces 2009 Third Quarter Results [Press Release]
Business Wire | 25 days 20 hours 29 minutes ago
Ixia (Nasdaq: XXIA) today reported its financial results for the third quarter ended September 30, 2009.


Exelon Announces Third Quarter Results; Narrows Full Year 2009 Earnings Guidance [Press Release]
Business Wire | 31 days 4 hours 44 minutes ago
Exelon Corporation (NYSE: EXC) today announced that its third quarter 2009 consolidated earnings prepared in accordance with GAAP were $757 million, or $1.14 per diluted share, compared with earnings of $700 million, or $1.06 per diluted share, in the third quarter of 2008.


Omnium: The New Standard in Hedge Fund Administration [Press Release]
PRNewswire | 75 days 6 hours 42 minutes ago
...superior people, processes and technology." Last month, Omnium announced that it had been selected by Lehman Brothers Holdings Inc. (LBHI) to provide administration services, including the creation of an asset servicing platform. After...


Primus Guaranty Reports Third Quarter 2009 Financial Results [Press Release]
Business Wire | 19 days 2 hours 13 minutes ago
Primus Guaranty, Ltd. (“Primus Guaranty” or “the Company”) (NYSE:PRS) today announced GAAP net income available to common shares of $461.5 million, or $11.14 per diluted share, for the third quarter of 2009, compared with GAAP net loss available to common shares of $(390.2) million, or $(8.63) per diluted share, for the third quarter of 2008.





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74 Results

Company Overview


Company: Lehman Brothers Inc.
Industry: Large-Market Investment Banking
Website: http://www.lehman.com

O brother, where art thou? If you're asking Lehman Brothers, the answer will undoubtedly be: "Right in the thick of investment banking." The company is the primary operating subsidiary of Lehman Brothers Holdings, historically one of the world's foremost investment banks. However, in September 2008 Lehman's faltered and filed for bankruptcy. The investment banking arm of British banking giant Barclays then agreed to acquire Lehman Brothers Inc., which makes up a majority of Lehman's North American business. Its services include brokerage, mergers and acquisitions and restructuring advice, debt and equity underwriting, market making, debt and equity research, and real estate and private equity investments.


Key Numbers

Sales in U.S. Dollars (mil.) 32.4 (2007)
One-year % Growth in Sales 0.0 (2007)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 7,300 (2007)
One-year % Growth in Number of Employees 0.0 (2007)
Fiscal Year-End November