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September 20, 2007

Lehman’s 3Q tops estimates

Lehman Brothers Holdings Inc., the nation’s fourth-largest investment bank, on Tuesday said third-quarter profit fell less than expected, as strength in stock trading and investment banking offset losses from the struggling mortgage market.

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Monday Stock Movers

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Stock trading case interests U.S. attorney

Engineered Support Systems Inc.'s delay in telling investors about problems with a lucrative defense program has attracted the attention of the U.S. attorney's office in St. Louis.

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