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Reuters: Lehman sees $2.8 billion Q2 loss, to raise $6 billion

Started by chris, June 09, 2008, 01:41:05 PM

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chris

Lehman sees $2.8 billion Q2 loss, to raise $6 billion
      


(Reuters) - Lehman Brothers Holdings Inc, the smallest major Wall Street investment bank, on Monday said it expected to report a second-quarter loss of about $2.8 billion, or $5.14 per share, hurt by losses related to trading and hedging.
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