Word: fleetboston
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...gave him the authority to name the arena on March 1, as corporate owner Delaware North Cos. continued to auction temporary naming rights and donate the proceeds to charity. Bank of America, based in Charlotte, N.C., opted not to renew the naming contract with the arena after it acquired FleetBoston Financial last year...
...that would rub together and flicker like a dancer’s digits ornamenting the end of an extended arm suspended in reach. That is to say, Cecilia Bartoli, the internationally acclaimed mezzo-soprano, flirted and seduced the audience at Symphony Hall last Friday night. As part of the FleetBoston Celebrity Series, Bartoli appeared with the Orchestra of the Age of Enlightenment—with whom she performs and works regularly—including their most recent collaboration on her new “Salieri Album,” which was launched in the Fall...
...Dimon was in the game for more than short-term gains, and he needed a major acquisition for the bank to reach critical mass. When Bank of America beat him in the race to take over FleetBoston Financial in October 2003, he knew he had to move fast or get left behind in the rapid consolidation of the banking industry. J.P. Morgan Chase, which had stumbled after the downturn on Wall Street in 2000 and was looking for a bigger retail presence, as well as an eventual successor to CEO Harrison, turned out to be the ideal match. "Every single...
...appropriate--for the right investor. You might even do best with a few quality high-yield stocks. Why? It's difficult to find a proven stock fund that yields more than 2%, yet you can get yields of 4% or more with shares of Dow Chemical (4.1%) or FleetBoston (4.7%). Individual stocks also let you sidestep fund fees. What you give up is diversification, which provides shelter from things like Kodak's 72% dividend cut last month...
...shift in tactics. Rather than seek slavery reparations from the U.S. government--a move that has little support in Congress--advocates are taking a cue from successful compensation suits by Holocaust victims and focusing on corporations. Among the defendants are such insurance companies as Aetna; financial-services companies, including FleetBoston and J.P. Morgan Chase; and such railroad giants as CSX and Union Pacific. Although the municipal ordinances don't address reparations, they require companies to research their records to disclose whether they benefited from slavery--information that could help identify "specific targets for reparations," says Deadria Farmer-Paellmann...