Home Viewpoints Finance Lehman in trouble - $2.8 Billion Loss... and it"s UP! Wednesday, 15 October 2008
             
Lehman in trouble - $2.8 Billion Loss... and it"s UP! PDF Print E-mail
Written by Nick Osinski   
Monday, 16 June 2008 04:59

Well it happened, Lehman Brothers released their quarterly earnings report and it did report the big loss that Wall Street was expecting: $2.8 Billion to be exact. What"s funny, however, is that it"s up by as much as 2% in early trading after the announcement.

Yes, I know that it"s all about expectations and not about the absolute numbers, but Lehman didn"t announce lower losses than what were expected, it announced exactly what it had suggested earlier and exactly what the Street was expecting. How can its stock price rise so much on news that it did what it said it would do and did what everyone expected it would do?

Visit my Blog...

Comments
Discuss Viewpoint
Title: (optional)
[b] [i] [u] [url] [quote] [code] [img] 
 
Receive update notifications?

3.23 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."
 

MBAA Poll

Via the Interest Rate, what can the Federal Reserve Affect?
 

Quotes

Even in such technical lines as engineering, about 15% of one's financial success is due one's technical knowledge and about 85% is due to skill in human engineering, to personality and the ability to lead people. - Dale Carnegie

Visit Sponsors

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.