Excerpt from:  Individual Equities CFDs and Spread Bets
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June 13, 2007

Lehman Brothers Up On U.S. Stock Market

U.S. individual equity gets a boost
Spread bets and CFDs on the Lehman Brothers individual equity could benefit by favouring the company, as its earnings are up, prompting the company's stock to move up on the U.S. stock market. MarketWatch has this information that may help you in your spread betting:

The Wall Street giant  said its quarterly earnings rose to $1.27 billion, or $2.21 a share, from $1 billion, or $1.69 a share in the year-ago period. Lehman said net revenue rose to $5.51 billion from $4.41 billion a year earlier. ...

"With non-U.S. net revenue representing nearly half of our total net revenue for the quarter, our global platform is stronger and more balanced than ever," said Chief Executive Richard S. Fuld Jr., in a statement.

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