Bear Stearns to Hold Conference Call on December 18 to Announce Fiscal Year and Fourth Quarter 2002 Results.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 10, 2002 The Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. Companies Inc. (NYSE NYSE See: New York Stock Exchange : BSC (Binary Synchronous Communications) See bisync. ) plans to announce its fiscal year and fourth quarter 2002 financial results on Wednesday, December 18, 2002, in a press release that will be issued prior to the opening of the market. The press release will also be available on the firm's Web site at http://www.bearstearns.com. Following the release of the financial results, a conference call to discuss the firm's results will be held at 10:00 a.m., (E.S.T.) on December 18, 2002. Those wishing to listen to the call should dial toll-free 1-800-692-4690 (or 1-703-326-5190 for international callers) at least 15 minutes prior to the start of the call to ensure connection to the conference. The conference call will also be accessible through the firm's Web site at http://www.bearstearns.com. For those unable to listen to the live broadcast of the call, a replay will be available beginning at approximately 1:00 p.m., on the company's Web site or by dialing 1-888-266-2081 (or 1-703-925-2533 for international callers). The passcode for the replay is 6349636. The replay will be available until 11:59 p.m. (E.S.T.) on Friday, December 27, 2002. Founded in 1923, Bear, Stearns & Co. Inc. is a leading worldwide investment banking and securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the and brokerage firm, and the major subsidiary of The Bear Stearns Companies Inc. (NYSE:BSC). With approximately $29.6 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives derivatives In finance, contracts whose value is derived from another asset, which can include stocks, bonds, currencies, interest rates, commodities, and related indexes. Purchasers of derivatives are essentially wagering on the future performance of that asset. , foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers prime broker and broker dealer services, including clearing and securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. . Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has approximately 10,500 employees worldwide. For additional information about Bear Stearns, please visit the firm's Web site at http://www.bearstearns.com. |
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