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Opening Glance: Investment banks



By AP
16 May 2008 @ 10:11 am EST

NEW YORK - Shares of investment banks fell Friday morning as broader markets declined amid concern surrounding oil prices reaching a new record.

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BSC 10.11 0.3
GS 169.73 6.49
MS 43.44 2.08
LEH 16.35 0.15
MER 28.62 1.89

SYMBOL LOOKUP

How shares of major investment banks fared:

Bear Stearns Cos. fell 11 cents to $10.21.

Goldman Sachs Group Inc. fell $1.48 to $187.14.

Lehman Brothers Holdings Inc. fell 61 cents to $44.16.

Merrill Lynch & Co. fell 69 cents to $49.28.

Morgan Stanley fell 32 cents to $47.39.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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