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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Xilinx slides on updated forecast
The communications chip maker says Q1 sales will rise 8% from Q4's $273 mil. Xilinx had seen 6%-8%. But analysts expected better news. And the programmable logic chip firm said nearly half its sales will come in the final month. Xilinx fell 12% to a seven-month low. IBD's chip group lost 4.7%. More on A6
Wall St. down on Oracle outlook
Faced with stiff competition and a Calif. contract controversy, Oracle resorted to big discounts in the final weeks of Q4, which ended in May. Analysts are cutting sales estimates. Wachovia Securities said Oracle's Q4 ended "extremely sluggish." Lehman Bros. expects "significant" layoffs at Oracle as well as rival SAP. Oracle fell 8%.
Microsoft settles SEC probe
It'll stop using an accounting practice that allegedly understated revenue to smooth earnings, the SEC confirmed. The No. 1 software maker won't have to restate results or pay a fine. Microsoft neither admitted nor denied charges.
- Lehman Bros. settles lawsuit with University of California.
- Newspaper article from: Knight Ridder/Tribune Business News October 30, 2004 700+ words
...a $222.5 million settlement with Lehman Bros. in the Enron Corp. shareholder lawsuit...special projects. The lawsuit notes Lehman Bros. was one of the underwriters on millions...other banks accused in the lawsuit, Lehman Bros. was not charged with fraud. Lehman...
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- Newspaper article from: The Record (Bergen County, NJ) April 25, 1995 700+ words
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...announced today that in joint-venture with Lehman Bros. Real Estate Partners, LP and GIC...consortium comprised of Realstar Group, Lehman Bros. Real Estate Partners LP and GIC Real...www.realstargroup.com/. Lehman Bros. Real Estate is a $1.6 billion private...
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- Magazine article from: HFN The Weekly Newspaper for the Home Furnishing Network Meyer, Nancy December 8, 2003 700+ words
NEW YORK-Lehman Bros. Holdings' merchant banking division...Without disclosing terms of the deal, Lehman Bros. Holdings said the Memphis, Tenn...continue to execute our growth strategy, Lehman Bros. will provide access to the resources...
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- Newspaper article from: Tulsa World (Tulsa, OK) April 18, 2006 700+ words
...corporations, according to the CEO of Lehman Bros. Inc. "It's basically about how...Fuld Jr., who also is chairman of Lehman Bros. Holdings Inc. Before a packed house...believes in having a strong culture at Lehman Bros. in which teamwork is encouraged across...
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- Magazine article from: Los Angeles Business Journal King, Danny August 4, 2003 700+ words
Lehman Bros. is expected to begin foreclosure proceedings...Severson & Werson representing Lehman Bros., declined comment. "Because we...Cohen, spokeswoman for New York-based Lehman Bros. Thom Mrozek, spokesman for the U...
- Free Analyst Report for Lehman Bros Hldg Inc.
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...Interviews: Free Analyst Report for Lehman Bros Hldg Inc.(C)1994-2008 M2 COMMUNICATIONS...to ask his professional opinion on Lehman Bros Hldg Inc. (NYSE:LEH). We have...s your current take on opinion of on Lehman Bros Hldg Inc.? A: The investment bank...
- Free Analyst Report for Lehman Bros Holding Inc.
- Press release article from: M2 Presswire March 17, 2008 700+ words
...Interviews: Free Analyst Report for Lehman Bros Holding Inc.(C)1994-2008 M2 COMMUNICATIONS...to ask his professional opinion on Lehman Bros Holding Inc. (NYSE:LEH). We have...14th 2008. Q: What's your take on Lehman Bros Holding? A: Lehman brothers stock...