International Business News - Brothers http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Three bidders are competing in an auction Wednesday of Lehman Brothers Holdings Inc.'s investment management unit, which includes its Neuberger Berman money management business. http://www.ibtimes.com/articles/20081203/lehman-to-auction-investment-management-unit.htm Wed, 03 Dec 2008 12:24:02 EST The Jonas Brothers met Coldplay. Now, they want face time with Kanye. "We got to meet Chris Martin and the guys from Coldplay," said Kevin Jonas, 21, on the red carpet at the American Music Awards. "That to us is huge. We still want to meet Kanye (West). That is our next goal. On his next album, the songs we've heard so far are incredible." http://www.ibtimes.com/data/articleimgs/180936-2008-american-music-awards-arrivals.jpg http://www.ibtimes.com/articles/20081123/jonas-brothers-hope-to-meet-kanye.htm http://www.ibtimes.com/articles/20081123/jonas-brothers-hope-to-meet-kanye.htm Sun, 23 Nov 2008 22:03:15 EST Weil Brothers-Cotton Inc. said Friday it will shut down its 130-year-old cotton brokerage offices in the United States and England but would fulfill its outstanding contracts before closing. http://www.ibtimes.com/articles/20081121/after-130-years-alabama-cotton-brokers-closing.htm Fri, 21 Nov 2008 15:32:36 EST A restructuring expert overseeing the liquidation of Lehman Brothers will replace Richard Fuld as chief executive on Dec. 31, Lehman lawyer Harvey Miller said Thursday. http://www.ibtimes.com/articles/20081120/fuld-replacement-named-at-lehman.htm Thu, 20 Nov 2008 17:22:33 EST Administrators of the European arm of failed investment bank Lehman Brothers Holdings Inc. said Friday that untangling its financial dealings will be a much bigger--and far lengthier--task than dealing with the fallout of the collapse of energy company Enron Corp. http://www.ibtimes.com/articles/20081114/lehman-brothers-creditors-meet-in-london.htm Fri, 14 Nov 2008 12:05:10 EST San Mateo County government officials are suing Lehman Brothers and its accountants to recover $150 million they say was lost when the investment bank filed for bankruptcy. http://www.ibtimes.com/articles/20081114/california-county-government-officials-sue-lehman.htm Fri, 14 Nov 2008 11:02:07 EST A Citi Investment Research analyst lowered his earnings estimates and price target for homebuilder Toll Brothers on Wednesday, but still kept a "Buy" rating on its shares. http://www.ibtimes.com/articles/20081112/analyst-lowers-estimates-for-toll-brothers.htm Wed, 12 Nov 2008 12:01:06 EST Deutsche Bank AG has sued Lehman Brothers to recover $72.5 million it says was accidentally transferred to the failed investment bank after it had filed for bankruptcy. http://www.ibtimes.com/articles/20081112/deutsche-bank-sues-lehman-to-get-72-5m-back.htm Wed, 12 Nov 2008 07:47:10 EST Among the earnings projection stories for Tuesday, Nov. 11, from AP Financial News: HORSHAM, Pa. (AP)--Luxury homebuilder Toll Brothers Inc. said Tuesday its home building revenue dropped 41 percent in its fiscal fourth quarter as the financial crisis exacerbated ongoing weakness in the housing market. http://www.ibtimes.com/articles/20081111/outlook-roundup-toll-brothers-sirius-xm-radio.htm Tue, 11 Nov 2008 10:16:04 EST Blaming the U.S. financial crisis for squelching early signs that the housing market was beginning to stabilize in recent weeks, homebuilder Toll Brothers Inc. reported a 41 percent plunge in fourth-quarter sales Tuesday and called on government intervention to help shore up the housing market. http://www.ibtimes.com/data/articleimgs/172832-toll-brothers.jpg http://www.ibtimes.com/articles/20081111/toll-brothers-4q-home-building-revenue-declines.htm http://www.ibtimes.com/articles/20081111/toll-brothers-4q-home-building-revenue-declines.htm Tue, 11 Nov 2008 17:41:59 EST Luxury homebuilder Toll Brothers Inc. said Tuesday fourth-quarter home building revenue dropped 41 percent as the financial crisis exacerbated ongoing weakness in the housing market. http://www.ibtimes.com/articles/20081111/toll-brothers-4q-home-building-revenue-declines.htm Tue, 11 Nov 2008 07:41:08 EST Richard Fuld will step down as chief executive of failed investment bank Lehman Brothers Holdings Inc. by the end of the year and won't receive severance or a bonus, a spokesman said Wednesday. http://www.ibtimes.com/articles/20081105/ceo-richard-fuld-to-leave-lehman-by-year-end.htm Wed, 05 Nov 2008 17:06:10 EST A former employee of Lehman Brothers Holdings Inc. filed a $5 million lawsuit Tuesday in an effort to open a class action against the failed investment bank. http://www.ibtimes.com/articles/20081104/former-lehman-employee-files-5m-lawsuit.htm Tue, 04 Nov 2008 15:46:42 EST Fitch Ratings said Monday it is withdrawing the ratings coverage of Lehman Brothers Holdings Inc. and all of its subsidiaries. Last month, Lehman Brothers was forced to file for bankruptcy protection under pressure from the shrinking credit markets and a loss of confidence among investors that the New York company could carry on its day-to-day business. http://www.ibtimes.com/articles/20081027/fitch-withdraws-lehman-brothers-ratings.htm Mon, 27 Oct 2008 15:26:57 EDT Freddie Mac, the mortgage lender that was seized by federal regulators, has asked a bankruptcy judge to investigate the whereabouts of $1.2 billion that Lehman Brothers borrowed. http://www.ibtimes.com/articles/20081023/freddie-mac-asks-for-probe-in-lehman-bankruptcy.htm Thu, 23 Oct 2008 14:58:25 EDT Federal prosecutors investigating the collapse of Lehman Brothers have subpoenaed several executives associated with the company, including former CEO Richard Fuld, according to a person briefed on the inquiry. http://www.ibtimes.com/articles/20081017/prosecutors-subpoena-ex-lehman-ceo-richard-fuld.htm Fri, 17 Oct 2008 18:25:59 EDT A Lehman Brothers lawyer told a judge on Thursday that the company is emerging from the "chaos" that characterized its bankruptcy filing and the weeks immediately following it. http://www.ibtimes.com/articles/20081016/lawyers-say-lehman-case-emerging-from-chaos.htm Thu, 16 Oct 2008 20:32:47 EDT Stakeholders in the Lehman Brothers bankruptcy case will ask a judge to open an investigation of the failed investment bank at a Thursday hearing. Meanwhile, Lehman will seek early approval of a proposal to sell its Neuberger Berman money management business. http://www.ibtimes.com/articles/20081016/ahead-of-the-bell-creditors-seek-lehman-inquiry.htm Thu, 16 Oct 2008 06:34:14 EDT The Jonas Brothers will perform during halftime of the Dallas Cowboys' nationally televised Thanksgiving Day game against the Seattle Seahawks. The band will officially kick off the 2008 Salvation Army Red Kettle Christmas campaign at the November 27 contest. The fundraising drive continues through Christmas Eve. http://www.ibtimes.com/data/articleimgs/151314-jonas-brothers.jpg http://www.ibtimes.com/articles/20081013/jonas-brothers-to-play-cowboys-thanksgiving-game.htm http://www.ibtimes.com/articles/20081013/jonas-brothers-to-play-cowboys-thanksgiving-game.htm Mon, 13 Oct 2008 12:18:20 EDT A court-appointed trustee overseeing Lehman Brothers' liquidiation announced guidelines Tuesday on how creditors of the bankrupt brokerage can process claims. http://www.ibtimes.com/articles/20081007/lehman-trustee-outlines-protocols-for-creditors.htm Tue, 07 Oct 2008 19:27:48 EDT