Joining the fleet: Another iconic Boston company sold
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Bank moves 2d key unit from Boston Bank of America Corp. moved a second major division away from Boston yesterday despite its repeated pledges to keep key business units headquartered here after it acquired New England's largest bank. (Boston Globe)
Survey: Mass. losing anchor companies Massachusetts has continued to become more and more of a "branch office" location for big companies based elsewhere, according to a survey that shows the number of big companies headquartered here dropped by 14 percent last year. (Boston Globe, 12/9/03) |
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What would you rename the FleetCenter?We asked you to rename the home of the Bruins and Celtics, and you delivered.
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How will the Fleet sale affect Boston?The public reacts to another iconic Boston company being sold.
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Boston Globe coverage
How the companies compare
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| Charles K. Gifford | Chairman and CEO | Kenneth D. Lewis |
| 47,696 | Number of employees | 133,000 |
| Boston | Headquarters | Charlotte, N.C. |
| $190 billion | Assets (2002) | $660 billion |
| $1.44 | Earnings per share (2002) | $5.92 |
| $31.80 | Closing share price (10/24) | $81.86 |
| 1.05 billion | Shares outstanding | 1.48 billion |
| $33.4 billion | Market capitalization (10/24) | $121 billion |
| 30.8% | Stock appreciation (year-to-date) |
17.6% |
Remaking a banking landscape
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