Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (1773)	3/14/2007 11:57:52 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

LEH:Though Lehman's results were strong overall, there was some sign that the cooling housing market hit results. While the equities business had strong results, jumping 42% from growth in execution and prime brokerage services, the fixed-income side showed signs of weakness. Revenue inched higher by 3% from a year earlier and just 1.4% from the fourth quarter to $2.1 billion. O'Meara said that he believes that the impact in subprime at Lehman has been largely contained through the company's hedging strategies. hedging, pffft....