Bear Stearns Cos.: The Wall Street brokerage...
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From Times Staff and Wire Reports
Bear Stearns Cos.: The Wall Street brokerage said its first-quarter profit fell 19% due to slumping individual investor activity. The parent of Bear, Stearns & Co. reported earnings of $18 million on revenue of $561.8 million, down 3% from the same period a year ago.
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