Pre Market Report: 8/22/08 Lehman LEH breaking out

This morning in pre market the financials are going to ge active to the upside.

Korea Development Bank Friday said it is considering a bid for Lehman Brothers Holdings Inc. (LEH), Reuters reported on its Web site, quoting a KBD spokesman. "We are studying a number of options and are open to all possibilities, which could include (buying) Lehman," a KDB spokesman said. Lehman couldn't be reached for comment.

LEH is up 14% in pre market to $15.65

Other hot stock in pre market include:

CSUN China Sunergy - Great earnings
ABK Ambac Financial