November 20, 2008
Lehman Brothers second-quarter profit climbs 27 percent
Robust stock trading and buyout business pushed second-quarter profit up.
5-month stock trading value up 162%
THE value of trading on the Philippine Stock Exchange (PSE) from January to May grew 162 percent to P196.5 billion from P74.9 billion in the same period last year, PSE president Francis Lim said.
Wall Street drops as housing fuels profit worry
U.S. stocks fell on Tuesday after a weak consumer confidence report fueled concerns the housing slowdown could spread into the broader economy and hurt profits.
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