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March 08, 2000
First Union Securities Adds Senior Defense Analyst to Equity Research Department
NEW YORK - First Union Securities, Inc. has announced that Sam J. Pearlstein has joined the Equity Research team as a Vice President/Senior Analyst following the Defense and Aerospace Industry.
Pearlstein joins First Union Securities from ING Barings, LLC where he followed the aerospace and defense industry for almost three years. Prior to ING Barings, LLC, Davis worked with Oppenheimer & Company. Pearlstein received his MBA from the Stern School of Business and his BS from the University of Pennsylvania. He will work out of the First Union Securities' New York equity research offices.
"We are thrilled to have Sam on board with our research team," said Anthony Gallo, National Director of Research for First Union Securities. "Sam's extensive knowledge of the Defense industry will prove invaluable to us in providing value-added research in the this technical industry."
First Union Securities Equity Research division currently has 51 senior analysts covering nearly 500 companies in nine main sectors: Communications & Technology, Real Estate, Healthcare, Industrial, Energy, Consumer, Furnishings & Textiles, Financial Services, Business Services.
First Union Corporation is a leading provider of financial services to more than 16 million retail and corporate customers throughout the East Coast and the nation. It is the nation's sixth largest bank holding company with assets of $253 billion as of December 31, 1999. The company operates full-service banking offices in Connecticut, Delaware, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and Washington, D.C., and securities offices in 41 states.
Important Notice: First Union Securities is the trade name under which First Union Corporation conducts its investment banking, merger and acquisition, asset management and mutual fund, brokerage and insurance businesses.
First Union Securities includes: (1) First Union Securities, Inc. ("FUSI"), a registered broker-dealer and member NYSE/NASD and SIPC providing investment banking, merger and acquisition advisory and brokerage services to corporations, individuals and other institutions throughout the United States; (2) First Union Brokerage Services, Inc. ("FUBS"), a separately registered broker-dealer and member NASD and SIPC providing primarily retail brokerage services; (3) First Clearing Corporation ("FCC"), a separately registered broker-dealer and member NYSE/NASD and SIPC, providing securities clearance and settlement services; (4) the Capital Markets and Capital Management Groups within First Union National Bank ("FUNB"), a national banking association, and its subsidiaries, providing asset management, lending, structured finance risk management, derivatives, and fiduciary services to institutions and individuals; (5) various subsidiaries within First Union Corporation providing investment advisory, administrative and other services to the Evergreen and Mentor families of mutual funds; and (6) various wholly-owned state insurance agencies.
Stocks, bonds, mutual funds or other securities offered or sold through First Union Corporation or any of its bank or non-bank subsidiaries are not deposits of any bank and are not insured, guaranteed or otherwise protected by the Federal Deposit Insurance Corporation or any other government agency; are not endorsed or guaranteed by First Union Corporation, FUNB or any bank; and involve investment risk, including possible loss of principal.
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