Advertisement
YOU ARE HERE: LAT HomeCollectionsHawaiian Electric Industries
IN THE NEWS

Hawaiian Electric Industries

FEATURED ARTICLES
BUSINESS
September 26, 1992 | From Times Staff and Wire Reports
Hawaiian Company to Take Big Charge: Hawaiian Electric Industries said its property-casualty insurance unit expects to pay about $145 million in Hurricane Iniki claims, forcing the parent company to take a third-quarter charge of between 62 cents and 74 cents a share. The figures are a preliminary estimate, Robert Clarke, president and chief executive, said in a statement. The company expects a more definitive damage assessment around Oct. 20, when it announces third-quarter results.
ARTICLES BY DATE
BUSINESS
September 26, 1992 | From Times Staff and Wire Reports
Hawaiian Company to Take Big Charge: Hawaiian Electric Industries said its property-casualty insurance unit expects to pay about $145 million in Hurricane Iniki claims, forcing the parent company to take a third-quarter charge of between 62 cents and 74 cents a share. The figures are a preliminary estimate, Robert Clarke, president and chief executive, said in a statement. The company expects a more definitive damage assessment around Oct. 20, when it announces third-quarter results.
Advertisement
BUSINESS
January 24, 1989 | From United Press International
Hawaiian Electric Industries Inc. has announced that it has acquired 98.4% of Molokai Electric Co. for $60 a share, or about $1.4 million. Hawaiian Electric said it expects to buy the remaining shares by the end of February at the same price.
BUSINESS
May 28, 1997 | From Bloomberg News
BankAmerica Corp. is leaving the consumer and commercial banking business in Hawaii by selling its branch network to American Savings Bank, a unit of Hawaiian Electric Industries Inc., for an undisclosed price. The addition of Bank of America, the state's fourth-largest bank, with $1.8 billion in assets, would give American Savings $5.4 billion in assets and 39 more branches and strengthen its position as Hawaii's third-largest bank.
Los Angeles Times Articles
|