east west bancorp

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before The Market Opens Economics: 8:30am EDT

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9:00am EDT

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Earnings: Bank of America (NYSE: BAC) - consensus EPS $0.22 Citigroup (NYSE: C) - consensus EPS $0.05 Datalink Corp.

eOn Communications Corporation((TM)) (Nasdaq: EONC) 118.8% HIGHER; reports Q4 EPS of $0.04, compared to a loss of $0.12 in the same quarter last year.

Revenue for the quarter was $5.089 million, versus $1.60 million in Q408. Volume is extremely heavy. East West Bancorp, Inc.

(NASDAQ: EWBC) 52.4% HIGHER; announced today that it has acquired the banking operations of San Francisco, California based United Commercial Bank in a FDIC assisted transaction.

East West Bancorp, Inc. (NASDAQ: EWBC) 49.1% HIGHER; announced today that it has acquired the banking operations of San Francisco, California based United Commercial Bank in a FDIC assisted transaction.

Under the terms of the transaction, East West will receive $10.4 billion in assets, including $7.7 billion in loans, and assume $9.2 billion in liabilities, including $6.5 billion in deposits of UCB.

The FDIC and East West have entered into a loss sharing agreement covering substantially all acquired loans.

The stock was also upgraded to Hold at Sandler O'Neill.