Lehman Brothers Posts Higher Earnings

H & R Block delays quarterly report filing; plus more stocks in the news Wednesday

Lehman Brothers (LEH) posted $1.96 vs. $1.83 first quarter earnings per share (EPS) on a 13% net revenue rise. The company notes fixed income capital markets reported the second highest revenue quarter, reflecting record results in credit products, but partially offset by declines in securitized products.

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