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 | 4 days 19 hours 54 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...
Radical fixes for 'too big to fail' gain support - MarketWatch
MarketWatch | 1 day 10 hours 43 minutes ago
"What you will have is another public utility sector, with banks growing roughly 4% a year, funded by deposits," Richard Bove, a financial-services analyst at Rochdale Securities, said in an interview.
Hedge fund manager Einhorn says break up big banks - MarketWatch
MarketWatch | 19 days 20 hours 32 minutes ago
DTE Energy increases 2009 earnings outlook
Israel stocks lower; Teva reports net up 2.9% - MarketWatch
MarketWatch | 4 days 22 hours 44 minutes ago
Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index declined 1.40% to 991.85, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 940.46, -16.87, -1.76%) lost 1.61% to 925.29.
Money flows into hedge funds again, HFR says - MarketWatch
MarketWatch | 19 days 21 hours 47 minutes ago
Over two-thirds of all hedge funds experienced capital inflows in the third quarter, getting more than $38 billion in new assets, HFR reported. However, these gains were offset by more than $37 billion in capital outflows from investor redemptions and liquidations. That resulted in a net inflow of $1.1 billion.
Statement From James W. Giddens Under the Securities Investor Protection Act [Press Release]
PRNewswire | 53 days 15 hours 30 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...
Boston Properties Announces Third Quarter 2009 Results [Press Release]
Business Wire | 11 days 16 hours 2 minutes ago
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, reported results today for the third quarter ended September 30, 2009.
Goldman posts profit, sees conditions improving - MarketWatch
MarketWatch | 24 days 49 minutes ago
Analysts polled by Thomson Reuters had expected the firm to earn $4.24 a share.
CITto file for bankruptcy after rescues fail - MarketWatch
MarketWatch | 6 days 16 hours 12 minutes ago
The formal filing in U.S. Bankruptcy Court was expected to follow within hours,.
Capital Gold Group Clients Haunted by Lehman Fall 1 Year Later [Press Release]
PRNewswire | 55 days 30 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 | 73 days 21 hours 30 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...
CIT files for bankruptcy protection - MarketWatch
MarketWatch | 5 days 23 hours 50 minutes ago
"The decision to proceed with our plan of reorganization will allow CIT to continue to provide funding to our small business and middle market customers, two sectors that remain vitally important to the U.S. economy," Chairman and CEO Jeffrey M. Peek said in a statement.
Blount International Announces CEO Succession [Press Release]
PRNewswire | 40 days 23 hours 59 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...
Aetna Reports Third Quarter 2009 Results [Press Release]
Business Wire | 10 days 3 hours 2 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-...
Ixia Announces 2009 Third Quarter Results [Press Release]
Business Wire | 10 days 16 hours 47 minutes ago
Ixia (Nasdaq: XXIA) today reported its financial results for the third quarter ended September 30, 2009.
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 |