LYCOS RETRIEVER
State Street Corporation: State Streets
built 633 days ago
At that time State Street was the main thoroughfare in colonial Boston and a significant crossroads in the United States. Bracketed by the State House at one end and the Long Wharf at the other, State Street was a center of both commerce and politics. It was here, for instance, that the first public reading of the Declaration of Independence took place. It was ... where the famous trial of Captain Kidd took place. In addition, it was on State Street that the first Boston merchant, John Coggan, had set up shop.
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State Street will webcast an investor conference call today, Tuesday, July 13, 2004, at 9:30 a.m. EDT, available at www.statestreet.com/stockholder. The conference call will ... be available via telephone, at +1 719/457-2617 (confirmation code 168516). Recorded replays of the conference call will be available on the web site, and by telephone at +1 402/220-4230 (confirmation code 168516), beginning at 2:00 PM today. This press release and additional financial information is available on State Street's website, at www.statestreet.com/stockholder, under "Financial Reports."
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State Street was ... known as the "Great Street to the Sea," and the economic growth of the new bank was closely tied to Boston's flourishing shipping industry. During that romantic period, sleek clippers criss-crossed Boston Harbor, escorting incoming ships, laden with cargo, to shore. Boston was by the mid-19th century in its heyday as a maritime capital. Some of the wealth from that trade would make its way into the coffers of the bank.
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For the first time, State Street ... surveyed respondents about the role of private equity in their portfolios. Ninety per cent of respondents allocate to private equity. Nearly half (47 per cent) allocated 5 per cent or more to this strategy. Nineteen per cent said they allocate 10 percent or more.
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Reported results reflect State Street's Consolidated Statement of Income prepared in accordance with accounting principles generally accepted in the United States. (1) Taxable-equivalent adjustment is not included in reported results. (2) Merger and integration expenses are direct and incremental costs associated with the acquisition of Investors Financial, and do not include ongoing expenses of the combined organization.
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At the Investing in Municipal Bond ETFs Webcast, State Street experts will discuss the best strategies for integrating municipal bond SPDRs into taxable portfolios. You’ll get practical, ready-to-use information that can help you give your clients access to the federal and state tax advantages, as well as the stability and ease of these new ETFs. Plus, you’ll learn how this emerging ETF category can offer you considerable advantages, including:
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