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The Honolulu Advertiser

Posted at 11:03 a.m., Wednesday, October 25, 2006

Analyst downgrades Central Pacific Financial stock

Advertiser Staff

Central Pacific Financial Corp., owner of Central Pacific Bank, was downgraded to "market perform" from "outperform" by analyst Frederick Cannon at Keefe, Bruyette & Woods, according to Bloomberg News.

The Honolulu-based company yesterday reported earnings in the three months ended Sept. 30 rose 14.4 percent to $20.6 million.