Friday, September 12, 2008

Lehman Brothers shares fall again on sale speculation

Date: Fri, 12 Sep 2008 17:03:48 -0400
Lehman Brothers shares fall again on sale speculation

Shares of Lehman Brothers fall amid swirling rumors that the embattled
Wall Street icon will sell itself over the weekend.

Market Snapshot: U.S. stocks close slightly higher on the week

U.S. stocks finish virtually flat after a two-day winning streak, as an
unexpected drop in retail sales and high anxiety over the fate of
investment bank Lehman Brothers Holdings Inc. weigh on investor
sentiment.

Hurricane Ike storms toward Texas coast

The National Weather Service issues a dire warning Friday for some
residents along the Texas coastline, as massive Hurricane Ike picks up
some strength on its track to become a major hurricane.

Economic Report: Retail sales fall on plunging gas prices

U.S. retail sales unexpected fall in August, pushed lower by plunging
gasoline prices, the Commerce Department says.

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