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Tim Winter, portfolio manager at Gabelli Funds, joins 'Squawk on the Street' to discuss the reasoning behind Hawaiian Electric's stock bounce, the criticisms the company is facing, and more.
The S&P 500 (^GSPC) ticks down this morning, signaling another losing week for stocks amid elevated inflation and the Fed's ongoing interest rate cycle debate. Utility company Hawaiian Electric (HE) r
"We are seeking advice from various experts
Hawaiian Electric Industries is seeking expert advice amid growing scrutiny over its role in the Maui wildfires, but the largest power supplier in the US island state said on Friday that goal was not
Hawaiian Electric Industries is seeking expert advice amid growing scrutiny over its role in the Maui wildfires, but the largest power supplier in the US island state said on Friday that goal was not
Hawaiian Electric Industries Inc. HE, -15.34% on Friday provided an update to investors on the recent wildfires in Maui and said that it's not planning a restructuring, but rather is seeking advice fr
Ratings agency Moody's Investors Service downgraded utility Hawaiian Electric Industries's credit rating to junk status on Friday, the second such cut this week as investors worried about the company'
The deadliest fire in modern U.S. history has brought attention to Hawaiian Electric—Hawaii's largest power company— for their role in their blaze.
LAHAINA, Hawaii — Hawaii's governor vowed to protect local landowners from being “victimized” by opportunistic buyers when Maui rebuilds from deadly wildfires that incinerated a historic island
Yahoo Finance anchors Seana Smith and Diane King Hall report on analysts getting bullish on Nvidia, plus Hawaiian Electric stock sinking
Shares of Hawaiian Electric Industries tumbled more than 20% on Thursday following a report that the largest power provider in Hawaii could be considering restructuring as it faces an onslaught of cos
Hawaiian Electric Industries, Inc shares slid 18% to $11.91 in early-afternoon trading on Thursday following a Wall Street Journal report the utility firm is in discussions with restructuring advis
Shares of Hawaiian Electric Industries Inc. HE, -15.90% on Thursday dropped to their lowest in 37 years in the wake of a report that the company is in talks with restructuring firms to explore legal a

Why Hawaiian Electric Stock Plunged This Week

12:17pm, Thursday, 17'th Aug 2023
There are suggestions that the fires that took lives and destroyed property in Maui this month were triggered by Hawaiian Electric transmission lines. If so, there could be serious ramifications for t
Devastating wildfires in Maui have caused Hawaiian Electric shares to plummet by 58.84%. The company's second quarter results showed stable revenues and operating income. The potential liability from
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