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The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    Lehman mulls sale of Neuberger: report

    Fri Jul 25, 2008 6:05am EDT
    The exterior of the world headquarters for Lehman Brothers is seen in New York June 4, 2008. REUTERS/Brendan McDermid

    (Reuters) - Officials at Lehman Brothers Holding Inc LEH.N have considered selling at least part of its Neuberger Berman asset management unit, CNBC said citing sources.

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    If Lehman sold the entire unit, the deal could fetch around $8 billion, the sources told the channel.

    (Reporting by Ajay Kamalakaran; Editing by Greg Mahlich)
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