Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Earnings Calls: 
Lehman Brothers Holdings First Quarter Earnings Call
Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 5:18 PM EDT March 21 2008
123Jump:


(Continued)

Email article | Print article

The financial group reported a 57% decrease in net income to $489 million or 81 cents a share from $1.15 billion or $1.96 a share in the prior year on weaker revenue and dislocations in the credit markets. It maintained strong liquidity position, with the Holding Company having a liquidity pool of $34 billion and unencumbered assets of $64 billion, with an additional $99 billion at the regulated entities. Moody’s reaffirmed the A1 credit rating on the strength of the capital base and liquidity.

Investors Question and Answers

 
 Company Website Links:
Investor Relations Financial Info Corporate / History Profile Executives Products Services
 
You need to upgrade your Flash Player


You need to upgrade your Flash Player

 
Erin Callan: At this point we like the headcount against the opportunity set but it is really hard to judge and we are just going to stay on it, monitor it, see where the business opportunities are and how they change globally.

Douglas Sipkin (Wachovia Capital Markets): Given the Bear Stearns matter, how are you thinking about that from a competitive standpoint and the opportunity to pick up volume?

Erin Callan:I am sure there will be opportunities for market share, yes they did have capabilities in some of our core competencies. At the moment is hard to get too focused on what is the upside for us.
  1  2  3  4 More: Earnings Calls

 
 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries
Other Sites:
© 1999-2012 123jump.com. All rights reserved