NEW YORK - Shares of investment banks mostly fell Friday morning as JPMorgan Chase & Co. is expected to close its acquisition of beleaguered bank Bear Stearns Cos. during the day and as others wrap up their fiscal second quarters.
Friday is also the last business day of Goldman Sachs Group Inc., Lehman Brothers Holdings Inc. and Morgan Stanley's fiscal second quarters, which officially end Saturday.
Here's how some investment banks fared early Friday:
Bear Stearns shares fell 9 cents to $9.46.
Goldman Sachs rose $1.85 to $178.09.
Lehman Brothers fell 13 cents to $37.24.
Merrill Lynch & Co. fell 43 cents to $43.85.
Morgan Stanley rose 40 cents to $44.18.

Health officials are investigating an outbreak of a mystery disease in southern Africa which has so far claimed three lives.
The new soldiers in the upcoming prequel 'Halo 3: Recon' are "among the fiercest" in the popular game series, Microsoft says....
In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial mark...


Professional Website Design For Corporate - Get a Free Quote Today