Regional Business Digest
REGION
Business meeting planned
WARREN — Lisa Dickson of Stage It 2 Sell It and Decorating in a Day Corp. in Brookfield will speak Thursday at a meeting of Business Connections of Warren. The meeting is at 7:30 a.m. at The Mocha House.
Business Connections has one professional from a variety of categories who meet to help each other succeed in business through the exchange of qualified business referrals. For more information, contact Bob Fowler at (330) 652-7865.
NATION
Lehman shares drop to lowest level in a decade
NEW YORK — Lehman Brothers Holdings Inc. shares plunged to their lowest level in more than a decade Tuesday amid investor concerns the battered investment bank is running out of options to raise capital.
Investors, anxious about the possibility of a bank failure after the near-collapse of Bear Stearns in March, punished the stock in early afternoon trading. The stock plunged $5.61, or 39.6 percent, to $8.54 — the lowest level Lehman’s stock has hit since the financial meltdown of 1998 triggered by the collapse of hedge fund Long-Term Capital Management.
From Vindicator staff and wire reports
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