Hawaiian Electric Industries Inc Stock News

The embattled utility provider ensnared in the fallout of the Maui wildfire tragedy has cut its dividend as it faces a major new lawsuit.

The S&P Global Ratings on Thursday downgraded Hawaiian Electric and all of its rated subsidiaries to 'B-' from 'BB-', citing company's likely inconsistent access to the capital markets.

Maui County filed a lawsuit Thursday against Hawaiian Electric Company, alleging that the utility company's negligence caused the devastating wildfires that burned thousands of acres of land in the st

Maui County's lawsuit accuses the utility company of starting the fire.

Hawaiian Electric on Thursday said it is suspending its quarterly cash dividend beginning in the third quarter "to further increase its cash position".

Hawaiian Electric Industries Inc. HE, -2.06% said late Thursday that it is suspending its dividend, starting in the third quarter, “to further increase its cash position.” That will allow the comp

HONOLULU — Maui County sued Hawaiian Electric Company on Thursday over the fires that devastated Lahaina, saying the utility negligently failed to shut off power despite exceptionally high winds and

Shareholders of Hawaiian Electric on Thursday filed a lawsuit against the utility provider in a San Francisco federal court, alleging the company's failure to disclose important information about its

Hawaiian Electric Industries said on Tuesday it was seeking advice from Guggenheim Securities, after questions were raised over the utility's role in the Maui wildfires.

Fitch on Monday downgraded Hawaiian Electric Industries' credit rating to junk status, becoming the third ratings agency to flag risks associated with the utility's potential exposure to liabilities r

Fitch on Monday downgraded Hawaiian Electric Industries's (HE.N) credit rating to junk status, becoming the third ratings agency to flag risks associated with the utility's potential exposure to Maui

The shares of Hawaiian Electric Industries, Inc.  (NYSE:HE) plummeted after the Maui wildfires that killed no fewer than 114 people -- the fifth-deadliest wildland fire in U.S. history -- broke out

Here are some of the major companies whose stocks moved on the week's news.

Hawaiian Electric is working to restore power to thousands of residents devastated by wildfires, as well as investor confidence with shares are near a 37 year low.