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Bear Stearns Cos



Bear Stearns Cos is a fortune 500 stock listed company trading under the symbol BSC. The company has a sound stock performance record.




The Bear Stearns Companies Inc.

is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking and securities trading brokerage firm. Established in 1923 with its headquarters in New York City, the firm has offices in Atlanta, Boston, Chicago, Dallas etc.



The Bear Stearns Companies, Inc., provides investment banking, securities and derivatives trading, clearance, and brokerage services in the United States, Europe, Asia, and Latin America through its broker-dealer and international bank subsidiaries. The Company operates in three segments. These are Capital Markets, Global Clearing Services, and Wealth Management. Bear Stearns had total capital of 57.6 billion dollars, as of February 28, 2006 and total assets of 300.0 billion dollars, as of February 28, 2006. According to the April 2005 issue of Institutional Investor magazine, Bear Stearns is the seventh largest securities firm in terms of total capital.



The success of their strategy to diversify the fixed income platform continues to produce outstanding results. Their Fixed Income Division earned record revenues for the fifth consecutive year in 2005. The net revenues were 3.25 billion dollars, up from the previous peak of 3.19 billion dollars reported in 2004. The company experienced balanced results as each of the three major business segments, mortgages, interest rate and credit, contributed meaningfully to the bottom line. Also notable was the global expansion of revenues, with their European and Asian operations each showing double-digit growth.



 


Net revenues for Capital Markets increased 5.8 percent to 5.64 billion dollars for fiscal 2005, compared with 5.33 billion dollars for fiscal 2004. Pre-tax income for Capital Markets decreased slightly to 1.97 billion dollars for fiscal 2005 from 1.98 billion dollars for fiscal 2004. Pre-tax profit margin was 34.9 percent for fiscal 2005, compared with 37.2 percent for fiscal 2004.



 



Future leveraged record volumes on the exchanges to produce record revenues. The company joined the London Metal Exchange in 2005 to position the futures business to expand commodity trading. As they look to 2006, high commodity prices and their ability to transact in a greater number of products will create exciting opportunities in this space. In the coming year expect to see the company continue to expand the depth and breadth of market-leading fixed income franchise.



The objective of the Company is to help corporations, institutions, governments and individuals reach their financial objectives.




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