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Enter Symbol:
 
Central Pacific Financial Co (CPF) [hlAlert]

Rating:
Sell CPF
down 68.66 %

Cpb Inc. (CPF) downgraded to Sell by B. Riley & Co

Posted on: Monday,  Feb 1, 2010  8:25 AM ET by B. Riley & Co

B. Riley & Co rated Sell Central Pacific Financial Co (NYSE: CPF) on 02/01/2010. Previously B. Riley & Co rated Buy Central Pacific Financial Co
(NYSE: CPF) on 06/22/2009., when the stock price was $93.20. Since then, Central Pacific Financial Co has lost 68.67% as of 02/01/2010's recent price of $29.20.
If you would have followed the previous B. Riley & Co's recommendation on CPF, you would have lost 68.66% of your investment in 224 days.

Central Pacific Financial Corp. is a bank holding company for its bank subsidiary, Central Pacific Bank. Through its bank and its subsidiaries, the Company offers full-service commercial banking with 39 bank branches and more than 95 automate teller machines (ATMs) located throughout the state of Hawaii. The Company operates four branches on the island of Maui, two branches on the island of Hawaii, and one branch on the island of Kauai. Central Pacific Bank is a full-service commercial bank offering a broad range of banking products and services including accepting time and demand deposits and originating loans, including commercial loans, construction loans, commercial and residential mortgage loans, and consumer loans. Central Pacific Financial derives its income primarily from interest and fees on loans, interest on investment securities, and fees received in connection with deposit and other services.

B. Riley's distinguished equity and high yield research is the mainstay of the firm, contributing unparalleled value to our institutional and private clients. Our success is based on our history of uncovering value before anyone else.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2010 8:25 AM Sell
None
29.20
as of 12/31/2010
1 Week down  -18.42 %
1 Month down  -26.76 %
3 Months down  -25.87 %
1 YTD down  -11.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/22/2009 9:25 AM Buy
None
93.20

(*) Stock Price at the time of the recommendation.
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