The Deal
Sunday, November 8, 
2:03 pm

Lehman holds its own as J.P. Morgan sinks

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Despite speculation surrounding the future of Lehman Brothers Inc., it was actually fairing better than its rivals during midday trading Tuesday -- perhaps thanks in part to Morgan Stanley's vote of confidence. In fact the biggest loser was J.P. Morgan Chase & Co. Shares of the industry stalwart may be feeling pain Tuesday because of Fox-Pitt, Kelton analyst David Trone's forecast about $16 billion in provision for credit losses at the bank. - Matthew Wurtzel

Troubled Wall Street
Name Open Last price Change Mkt cap
J.P. Morgan Chase & Co. 33.69 32.52 -1.41 111434.06
Lehman Brothers Inc. 19.97 19.65 -0.16 10860.55
Merrill Lynch & Co. 31.27 30.74 -0.97 30289.10
Goldman Sachs Group Inc. 173.13 170.64 -4.26 67266.83
Morgan Stanley 35.5 35.07 -1.00 38889.12
Citigroup Inc. 16.57 16.35 -0.41 85834.77
Source: The Deal

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