On Wednesday, Hudson City Bancorp, Inc. (NASDAQ:HCBK)’s shares inclined 0.77% to $10.42.
Hudson City Bancorp, Inc. (HCBK), the holding company for Hudson City Savings Bank (the “Bank”), declared recently that it has released the 2015 capital stress test results for the Bank as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“DFA”). The results can be obtained on the Company’s web site http://www.hcsbonline.com. The results, per regulatory guidance, are for the Bank only.
The DFA requires national banks and federal savings associations with total merged assets of more than $10 billion, such as the Bank, to conduct annual stress tests. Accordingly, the Bank conducted a DFA company-run stress test (“DFAST”) under three hypothetical supervisory scenarios (baseline, adverse and severely adverse) and guidance offered by the Office of the Comptroller of the Currency (“OCC”) and the Board of Governors of the Federal Reserve System (“Federal Reserve”). The DFA and regulatory guidance require the Bank to publicly disclose the results of the DFAST under the supervisory severely adverse scenario.
Hudson City Bancorp, Inc. operates as the holding company of Hudson City Savings Bank that provides various banking products and services in the United States. Its deposit products comprise passbook and statement savings accounts, interest-bearing transaction accounts, checking accounts, money market accounts, and time deposits, in addition to IRA accounts and qualified retirement plans.
CenterPoint Energy, Inc. (NYSE:CNP)’s shares gained 1.01% to $19.08.
CenterPoint Energy, Inc. (CNP) declares the company will Host Webcast of Second Quarter 2015 Earnings Conference Call on August 10, 2015 at 11:30 AM ET .
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies.
At the end of Wednesday’s trade, Boeing Co (NYSE:BA)‘s shares surged 1.64% to $144.14.
Boeing [BA] declared that Oman Air has contracted for a suite of services to support the forthcoming entry into service of the airline’s 787 Dreamliners and to ensure ongoing efficiency and cost savings for its fleet.
Boeing will support Oman Air’s 787s with its Component Services (formerly Rotables Exchange) program, Loadable Software Airplane Parts service and Airplane Health Administration. Together, these services will assist Oman Air minimize the time and cost of maintenance while increasing airplane availability.
With the Component Services program, Oman Air will have access to a Boeing-managed, dedicated pool of high-value, mission-critical parts, enabling the airline to greatly reduce their inventory administration costs while improving component availability.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, in addition to provides related support services to the commercial airline industry.
E*TRADE Financial Corp (NASDAQ:ETFC), ended its Wednesday’s trading session with 1.79% gain, and closed at $28.47.
E*TRADE Financial Corporation (ETFC) declared results for its second quarter ended June 30, 2015, reporting net income of $292 million, or $0.99 per diluted share. This compares to $40 million, or $0.14 per diluted share, in the preceding quarter and net income of $69 million, or $0.24 per diluted share, in the second quarter of 2014. Not taking into account a $220 million income tax benefit related to finalizing an IRS audit, net income would have been $72 million(1), or $0.25 per diluted share(1). This compares with adjusted net income of $85 million(1), or $0.29 per diluted share(1), in the preceding quarter which excludes a charge related to early extinguishment of corporate debt. Total net revenue of $445 million reduced from $456 million in the preceding quarter and raised from $438 million in the second quarter of 2014.
E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Administration segment manages asset allocation; loans formerly originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk.
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