Word: lehman
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Dates: during 2000-2009
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BYRNE: I also believe in the financials, names like Lehman Bros., which just reported earnings above expectations, and Bear Stearns, which is one of the best-managed companies on the planet. A number of the health-care companies are attractive. I don't know whether we will have a national purchasing system of drugs. From my viewpoint, it's irrelevant. Drug prices would come down with controls, but usage would soar. That's the nature of the business for Pfizer and Merck, both of which I find attractive. I want companies that no matter what happens, they would be able...
...officer was dispatched to Lehman Hall to take a report of a stolen painting...
...exception: it may not seek to swear in President Bush, Vice President Cheney, Bill Clinton or Al Gore in the increasingly likely event they will be asked to speak to the commission. "I think that it is in their interest to meet with us," says GOP commission member John Lehman, saying that they should be invited, not subpoenaed, and be allowed to appear behind closed doors...
...Equity analysts cite the Touareg and the Touran multipurpose vehicle (MPV) as signs that VW is broadening its mix in Europe, enabling it to profit in hot segments such as SUVs and MPVs and to hedge against downturns in other segments. Some are skeptical. Christopher Will, an analyst at Lehman Brothers in London, describes the Phaeton as a "mistake" and an "irrelevancy." Says Will: "The VW brand could become muddled if the quality issues persist or if VW launches more products that don't fit its core image." Certainly it's difficult to move upmarket when the perception is that...
...RiskMetrics Group, a New York City quantitative-research firm, ran a so-called economic-stress test, which analyzes statistical correlations between currency moves and the markets. If the euro and the yen each rise an additional 10% against the dollar from levels in early November, the study found, the Lehman Aggregate Bond Index could slip 0.6%, which means that a $10,000 bond would lose about $60. It would cost the S&P 500 index 3.4%, the NASDAQ 4.5% and the Dow 3.2%. On opposite shores, RiskMetrics found that the weaker dollar could cause the FTSE 100 to edge...