Next to go, Lehman?!?
6 mensagens
|Página 1 de 1
Ulisses Pereira Escreveu:Desde os mínimos de ontem, subiu praticamente 100%. Simplesmente espantosa a volatilidade de um "bicho" deste tamanho, só possível nas actuais condições do mercado.
Um abraço,
Ulisses
e estas subidas só são possíveis devido ao fecho de curtos... o que pode querer dizer que ou se alteraram as regras de empréstimo de acções (basta alterarem as margens necessárias para manter as posições abertas) ou fecharam os curtos devido às notícias da BS (sell the news).
Um abr
Nuno
Pluricanal... não obrigado. Serviço péssimo e enganador!!!
Lehman's stroke of luck
Brokerage puts talk about its imminent collapse to rest after reporting better-than-expected results. Shares surge 12% in pre-market trading.
Last Updated: March 18, 2008: 9:09 AM EDT
Traders breathe sigh of relief
NEW YORK (CNNMoney.com) -- Lehman Brothers reported lower earnings Tuesday that topped forecasts, despite taking $1.8 billion in writedowns across its mortgage and loan portfolio.
The brokerage, which has been under siege in recent days because of concerns about its balance sheet, said it maintained a "strong liquidity position."
Lehman (LEH, Fortune 500) stock jumped more than 12% in pre-market trading on the results.
Net income at the bank fell 57% to $489 million, or 81 cents a share, during the first quarter ended Feb. 29. The firm reported profit of $1.15 billion, or $1.96 a share, in the year-ago period.
Revenue fell 31% to $3.5 billion from $5.05 billion last year.
Lehman was expected to post a decline in profit to 72 cents a share on revenue of $3.35 billion, according to earnings tracker Thomson Financial.
"In what remains a challenging operating environment, our results reflect the value of our continued commitment to building a diversified platform and our focus on managing risk and maintaining a strong capital and liquidity position," Lehman's Chairman and CEO Richard S. Fuld, Jr. said in a statement.
Shares of the New York-based brokerage plummeted Monday amid fears the company faces woes similar to those of Bear Stearns (BSC, Fortune 500), which dramatically collapsed last week after suffering a liquidity crunch.
Lehman sought to put those worries to rest on Tuesday. It pointed out that its holding company had a liquidity pool of $34 billion and $64 billion in assets, in addition to $99 billion at its regulated entities.
The company also said it marked down $1.8 billion across its leveraged loan and mortgage portfolio during the quarter, with the lion's share of the reduction coming from its residential and commercial real estate businesses.
Lehman's better-than-expected results come amid a credit crisis which has dried up merger and initial public offering activity, eliminating a key source of lucrative fees for the investment bank.
Lehman and rival Goldman Sachs (GS, Fortune 500), which posted earnings well above Wall Street forecasts earlier Tuesday, were expected to report weakened results and sizeable writedowns this quarter.
Morgan Stanley (MS, Fortune 500) is set to deliver its quarterly results Thursday.
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
- Mensagens: 3153
- Registado: 17/7/2006 16:09
- Localização: Cascais
Rumores na CNN nao sao rumores... sao quase factos!
Lehman Brothers faces a storm
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it’s got enough cash to keep doing business. The firm made the statement after a big Asian bank asked traders not to do new transactions with Lehman, The Wall Street Journal reports. That decision raises the possibility that Lehman will face a run like the one that brought down Bear Stearns (BSC) this weekend. Bear sold itself to JPMorgan Chase (JPM) for $2 a share, narrowly averting a bankruptcy filing.
Next to Bear Stears, Lehman is the smallest and least diversified brokerage firm on Wall Street, so there are worries that it will be the next firm to come under attack as firms that trade with Lehman pull back in a bid to protect themselves. Those concerns were intensified when UBS downgraded Lehman stock to neutral from buy on Monday, and analysts at ING speculated that Lehman may not play a big enough role in the markets to justify a Fed-backed bailout like the one at Bear Stearns. On the bright side, Moody’s reaffirmed its ratings on Lehman Monday - so maybe the firm can weather the storm.
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it’s got enough cash to keep doing business. The firm made the statement after a big Asian bank asked traders not to do new transactions with Lehman, The Wall Street Journal reports. That decision raises the possibility that Lehman will face a run like the one that brought down Bear Stearns (BSC) this weekend. Bear sold itself to JPMorgan Chase (JPM) for $2 a share, narrowly averting a bankruptcy filing.
Next to Bear Stears, Lehman is the smallest and least diversified brokerage firm on Wall Street, so there are worries that it will be the next firm to come under attack as firms that trade with Lehman pull back in a bid to protect themselves. Those concerns were intensified when UBS downgraded Lehman stock to neutral from buy on Monday, and analysts at ING speculated that Lehman may not play a big enough role in the markets to justify a Fed-backed bailout like the one at Bear Stearns. On the bright side, Moody’s reaffirmed its ratings on Lehman Monday - so maybe the firm can weather the storm.
- Mensagens: 458
- Registado: 5/1/2008 22:22
Tb coloquei este post no tópico do Bear Market, porque só li agora este especifico sobre a LHB
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it’s got enough cash to keep doing business. The firm made the statement after a big Asian bank asked traders not to do new transactions with Lehman, The Wall Street Journal reports. That decision raises the possibility that Lehman will face a run like the one that brought down Bear Stearns (BSC) this weekend. Bear sold itself to JPMorgan Chase (JPM) for $2 a share, narrowly averting a bankruptcy filing.
Next to Bear Stears, Lehman is the smallest and least diversified brokerage firm on Wall Street, so there are worries that it will be the next firm to come under attack as firms that trade with Lehman pull back in a bid to protect themselves. Those concerns were intensified when UBS downgraded Lehman stock to neutral from buy on Monday, and analysts at ING speculated that Lehman may not play a big enough role in the markets to justify a Fed-backed bailout like the one at Bear Stearns. On the bright side, Moody’s reaffirmed its ratings on Lehman Monday - so maybe the firm can weather the storm.
Um abraço e bons negócios.
Artur Cintra
Artur Cintra
- Mensagens: 3153
- Registado: 17/7/2006 16:09
- Localização: Cascais
Next to go, Lehman?!?
LEHMAN BROS HLD
(NYSE: LEH)
27.64 11.62 (29.60%) as of 8:03AM ET on 03/17/08
Näo passam de boatos, mas a Bear Stearns também começou assim.
As vozes tb fazem-se ouvir para os lados da UBS, mas la esta, säo boatos...
A acompanhar nos proximos episodios...
(NYSE: LEH)
27.64 11.62 (29.60%) as of 8:03AM ET on 03/17/08
Näo passam de boatos, mas a Bear Stearns também começou assim.
As vozes tb fazem-se ouvir para os lados da UBS, mas la esta, säo boatos...
A acompanhar nos proximos episodios...
6 mensagens
|Página 1 de 1