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State Senator Roz Baker. Photo courtesy of Sen. Baker.
Working Group Would Study Hawaii Stock Exchange Formation
March 26th, 2011 · Comments Off · Featured, Maui Business
 

If passed, Senate Resolution SCR 134 would move Hawaii once step closer to having its very own stock exchange.


Constance Lau Appointed to Federal Reserve Bank Advisory Council
Constance Lau Appointed to Federal Reserve Bank Advisory Council
February 9th, 2011 · Comments Off · Maui Business
 

Constance H. Lau, president & CEO of Hawaiian Electric Industries, Inc. and chairman of American Savings Bank, has been appointed to the newly-formed Twelfth District Community Depository Institutions Advisory Council (CDIAC).


Central Pacific Financial 1-for-20 Stock Split Starts Trading Tomorrow
Central Pacific Financial 1-for-20 Stock Split Starts Trading Tomorrow
February 3rd, 2011 · Comments Off · Maui Business
 

Central Pacific Financial Corp. (CPF), parent company of Central Pacific Bank (CPB), today announced that the one-for-twenty reverse stock split of its outstanding common stock will begin trading tomorrow, February 3.


Grand Wailea fountain. File photo by Wendy Osher.
Grand Wailea Owners File Bankruptcy; Operations Continue
February 2nd, 2011 · Comments Off · Maui Business
 

The owner of the Grand Wailea Resort Hotel & Spa along with several other luxury hotels and golf courses sought bankruptcy protection yesterday in Manhanttan, Bloomberg is reporting.


File image by Wendy Osher.
Bank of Hawaii Net Income Grows 27.7% in 2010
January 25th, 2011 · Comments Off · Maui Business
 

By Sonia Isotov While the Bank of Hawaii (BOH) yesterday reported flat net income for the 4th quarter 2010, and for the year, BOH reported a 27.7% net income increase. Bank of Hawaii Corporation yesterday reported net income of $40.6 million or $0.84 per diluted share for the fourth quarter of 2010 compared with $40.5 […]


Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action
Central Pacific Bank’s Parent Plans Reverse Stock Split to Avoid Regulatory Action
January 24th, 2011 · Comments Off · Maui Business
 

Over the past several months, the parent company of Central Pacific Bank (CPB), the Central Pacific Fund, Inc. (CPF) announced various transactions in connection with its proposed $325 recapitalization effort.


Jeanne Skog, President/CEO, Maui Economic Development Board, Inc.   File photo by Wendy Osher.
MEDB To Attend Key Energy Conferences; Seeks Input
January 11th, 2011 · Comments Off · Maui Business
 

In the next few months, Jeanne Skog, President, Maui Economic Development Board, Inc. and key staffers will attend several energy related conferences on the mainland.


ML&P File Photo by Wendy Osher.
Maui Land & Pineapple reports $4.6 million loss in 2nd quarter
August 2nd, 2010 · Comments Off · Maui Business, Maui News
 

Maui Land & Pineapple Company, Inc. reported a $4.6 million loss in the 2nd Quarter of 2010.  That’s an improvement from the $54.2 million loss reported during the same quarter last year.  Revenues were $8.3 million, $400,000 less than the $8.7 million revenues reported at the same time last year. A company press release says […]