SECURITIES
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From Times Staff and Wire Reports
Lehman Bros. Earnings Tumble: In what may signal a round of bad earnings reports from Wall Street firms suffering their worst slump in four years, Lehman Bros. Holdings Inc. reported a 80% fall in third-quarter earnings, to $22 million, or 10 cents a share. The firm posted $112 million in earnings in the year-earlier quarter when it was still owned by American Express Co. The quarter ended Aug. 31, while the year-ago quarter ended Sept. 30.
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