Lehman Brothers Holdings Inc.

News and overview for Lehman Brothers Holdings Inc.

Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider [Press Release]
PRNewswire | 89 days 15 hours 44 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...


Capital Gold Group Clients Haunted by Lehman Fall 1 Year Later [Press Release]
PRNewswire | 70 days 18 hours 44 minutes ago
...together in an effort to save Lehman Brothers Holdings, Inc. by Treasury Secretary Henry...financial tsunami that allowing Lehman to fail would create. Even though the executives of Lehman Brothers predicted "massive global wealth...


Monument Realty's Potomac Place Tower Gets a Fresh Start [Press Release]
PRNewswire | 90 days 11 hours 44 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...


Aetna Reports Third Quarter 2009 Results [Press Release]
Business Wire | 25 days 21 hours 16 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 | 26 days 11 hours 1 minute ago
Ixia (Nasdaq: XXIA) today reported its financial results for the third quarter ended September 30, 2009.


Omnium: The New Standard in Hedge Fund Administration [Press Release]
PRNewswire | 75 days 21 hours 14 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...


Exelon Announces Third Quarter Results; Narrows Full Year 2009 Earnings Guidance [Press Release]
Business Wire | 31 days 19 hours 16 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.


Freddie Mac Names Bruce M. Witherell Chief Operating Officer [Press Release]
PRNewswire | 97 days 15 hours 14 minutes ago
...Morgan Stanley in 2006, Witherell spent 15 years at Lehman Brothers Holdings, Inc. in a variety of senior leadership roles. From 2003 to 2006, he was chief executive officer of Lehman Brothers Bank and chief executive officer of Aurora Loan...


XSEL Announces Financial Results for the Second Quarter 2009 [Press Release]
PRNewswire | 103 days 9 hours 15 minutes ago
BEIJING, Aug. 12 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (the "Company" or "XSEL")


CCLM Holdings, Inc. Elects a New Board of Directors [Press Release]
PRNewswire | 83 days 17 hours 13 minutes ago
...of CCLM Holdings, Inc., in addition to...Commercial USA, Inc. "This is an...which will help CCLM Holdings and its subsidiaries...Euramax International, Inc. He has held executive...previous experience with Lehman Brothers, Inc. and Arthur...


Merriman Curhan Ford Hires Veteran C.E. Unterberg, Towbin and UBS Investment Bankers [Press Release]
PRNewswire | 60 days 18 hours 44 minutes ago
SAN FRANCISCO, Sept. 24 /PRNewswire-FirstCall/ --


Northgate Reports Strong Second Quarter Operating Cash Flow of $50 Million [Press Release]
PRNewswire | 105 days 19 hours 45 minutes ago
Gold Production on Target at 93,377 Ounces


Expedia, Inc. Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 25 days 13 hours 16 minutes ago
BELLEVUE, Wash., Oct. 29 /PRNewswire-FirstCall/ -- Expedia, Inc.


Enbridge Reports Record Earnings; Raises Guidance [Press Release]
MarketWire | 19 days 13 hours 16 minutes ago
CALGARY, ALBERTA -- (Marketwire) -- 11/04/09 -- Enbridge Inc. (TSX: ENB) (NYSE: ENB) "Enbridge's nine month performance continues to reflect strong operational performance across our liquids pipelines and natural gas businesses," said Patrick D. Daniel, President and Chief Executive Officer. "Given this performance and our outlook, we are revising our guidance range for the full year to $2.30 to $2.36 adjusted earnings per share, which will represent an increase of more than 20% over last ye...


GLOBAL SPECIAL OPPORTUNITIES TRUST PLC - Annual Financial Report [Press Release]
PRNewswire | 94 days 16 hours 14 minutes ago
GLOBAL SPECIAL OPPORTUNITIES TRUST PLC





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19 Results

Company Overview


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

In what could be called the collapse heard 'round the world, venerable investment bank Lehman Brothers declared bankruptcy in September 2008, ending a reign of some 160 years in financial services. One of the top bulge-bracket firms and perennially among the industry leaders in M&A advice, debt and equity underwriting, and global finance suffered a knockout punch and reported nearly $7 billion in losses after becoming embroiled in the global credit crisis of 2007 and 2008. After acquisition talks with foreign investors fell through, Lehman attempted to restructure itself, including selling off operations for cash. The plan was too little too late, though, and Lehman filed for Chapter 11 bankruptcy protection.


Key Numbers

Sales in U.S. Dollars (mil.) 19,257 (2007)
One-year % Growth in Sales 9.5 (2007)
Net Income in U.S. Dollars (mil.) 4,192 (2007)
One-year % Growth in Net Income 5.9 (2007)
Number of Employees 28,600 (2007)
One-year % Growth in Number of Employees 10.4 (2007)
Fiscal Year-End November