Deadly Maui fire erupted from earlier blaze believed to have been extinguished, investigation finds [CNN]
Hawaiian Electric Industries, Inc. (HE)
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Source: CNN
The Aug. 8, 2023, blaze — the deadliest US wildfire in more than a century — was long known to have emerged in the afternoon, in the same area as blaze that began early 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. It has been unclear whether the blaze was a rekindling of the morning fire after firefighters spent hours dousing it or a separate one. The answer could prove significant to questions about liability for the destruction, though a tentative $4 billion settlement has been reached. In presenting their findings, officials with the US Bureau of Alcohol, Tobacco, Firearms and Explosives and the Maui Fire Department did not address liability, but found that it was a rekindling of the morning fire. The rekindling was most likely caused by high winds that blew undetected embers into the dry gully, t
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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