On Friday, Shares of East West Bancorp, Inc. (NASDAQ:EWBC), declined -0.65% to $44.33, during its last trading session.
East West Bancorp, stated its financial results for the second quarter of 2015. For the second quarter of 2015, net income was $98.7 million or $0.68 per diluted share.
“East West is happy to report strong earnings of $98.7 million or $0.68 per diluted share for the second quarter of 2015, an enhance in diluted earnings per share of $0.09 or 15% from the preceding year quarter,” stated Dominic Ng, Chairman and Chief Executive Officer of East West. “For the second quarter of 2015, East West achieved strong profitability, earning a return on average assets of 1.34% and a return on average equity of 13.25%.”
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company operates in three segments: Retail Banking, Commercial Banking, and Other.
Finally, Keurig Green Mountain Inc (NASDAQ:GMCR), ended its last trade with -1.09% loss, and closed at $69.65.
Keurig Green Mountain, declared the launch of Green Mountain Coffee Organic – a new line of premium coffees that are both organic and Fair Trade Certified. This launch marks the first collection of a double certified line of Green Mountain Coffee ever accessible for the Keurig hot brewing system. With this new Organic line, Green Mountain Coffee has also unveiled a new look, counting new branding and a refreshed logo and packaging.
Green Mountain Coffee Organic K-Cup pods are now accessible on Keurig.com, and will expand to retail starting in July. The four varieties at launch comprise three single origin coffees – Ethiopia Yirgacheffe, Peru Cajamarca, Sumatra Aceh – and one artfully crafted blend, Founder’s Blend.
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
