Reported by Star-Bulletin staff & wire
Tuesday, July 16, 1996
Reported by Star-Bulletin staff & wire
Tuesday, July 16, 1996
CPB Inc. said it earned $3.58 million for the three months ending June 30, up 1.5 percent from the year-earlier quarter's $3.52 million. On a per-share basis, CPB netted 68 cents in the second quarter, up from 67 cents from 1995's second quarter.
Year-to-date, the company, which operates 26 bank branches statewide, earned $7.13 million, or $1.36 per share, compared with $6.96 million, or $1.33 per share in the first half of 1995.
In light trading today, shares of CPB closed at $28.50 on the over-the-counter market, down $1 from yesterday, according to Bloomberg Business News.
However, the airline's percentage of seats filled for the latest six months was down slightly at 76.3 percent from 76.5 percent a year earlier. The company reported a major increase in its freight business, showing a 36.7 percent rise to 24.9 million cargo ton-miles, from 18.2 million.
The airline flies between Hawaii and the mainland and to the South Pacific in addition to its interisland business.
The retailer has outlets at Windward City Shopping Center and Pearlridge Center.
Ross is looking for other locations on Oahu and on the neighbor islands, said Ross's Hawaii property representative Jon-Eric Greene, vice president and retail division manager of the commercial real estate firm of Monroe & Friedlander Inc.
Greene said Ross has signed a lease for the Keeaumoku property and will begin construction in a few months.