Cause of Maui wildfire that killed 102 revealed [FOX News]
Hawaiian Electric Industries, Inc. (HE)
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Source: FOX News
The deadliest U.S. wildfire that killed at least 102 people on Maui last year "was a reignition" of an earlier morning fire "caused by Hawaiian Electric equipment damaged by high winds," the 132-year-old utility company confirmed on Wednesday. Firefighters believed they had extinguished the earlier brushfire sparked by downed power lines, officials confirmed as they presented their findings on the cause. The Aug. 8, 2023, fire started in the afternoon in the same area as the fire from earlier that morning. Driven by strong, erratic winds, the fire raced through the historic town of Lahaina, destroying thousands of buildings, overcoming people trapped in their cars and forcing some residents to flee into the ocean. "We want to make abundantly clear to the community that our firefighters went above and beyond their due diligence to be as confident as they could be that the fire was completely extinguished before they left the scene," Maui County Department of Fire and Public Safe
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News
- Hawaiian Electric Industries, Inc. (NYSE: HE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hawaiian Electric Industries, Inc. (NYSE: HE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $11.50 price target on the stock.MarketBeat
- Artificial intelligence changes across the US [FOX News]FOX News
- Hawaiian Electric Industries, Inc. (NYSE: HE) had its price target lowered by analysts at Evercore ISI from $11.00 to $10.00. They now have an "in-line" rating on the stock.MarketBeat
- Hawaiian Electric Continues to Advance Wildfire Safety Efforts [Yahoo! Finance]Yahoo! Finance
HE
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- HE's page on the SEC website