Argon St fourth-quarter earnings fell 32%, because of delayed awards on some contracts and unexpected losses on others. Beacon Roofing Supply fourth-quarter profit increased 40% on a demand for the distributor\''s roofing products from the residential and commercial construction markets. Lehman Brothers fourth-quarter net income climbed 22% as investment-banking revenue increased 5%. Bear Stearns posted that its fourth-quarter profit rose 38% on fees from debt underwriting. |
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