Lehman shares open at lowest since March, then reverse losses
NEW YORK (Reuters) - Shares of Lehman Brothers opened at their lowest since March on Thursday but then erased losses as investors digested the news the investment bank has demoted its chief financial officer, Erin Callan, and named a new chief operating officer.
Lehman shares were down 0.6 percent at $23.60 after the first half hour of trading, having earlier fallen as much as 10 percent.
(Reporting by Kristina Cooke; Editing by Theodore d'Afflisio)
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Taliban may wait out Washington's "endgame"
Washington's hint of an Afghanistan endgame in saying U.S. troops won't still be there in 2017 might help win over a war-weary public, but there is no guarantee a notoriously patient Taliban won't just wait the Americans out. Full Article | Full Coverage
Bomb caused Russian train crash
