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Stock impact report

Hawaiian Electric Finalizes $2 Billion Maui Fire Settlement [Yahoo! Finance]

Hawaiian Electric Industries, Inc. (HE) 
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: hei.com/corporateprofile
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Paris Restricts Through Traffic in City Center From Housing to Immigration, Key Ballot Initiatives and Local Races to Follow Istanbul Tries Free Public Transit to Help Job Seekers In Warsaw, Falling Road Deaths Signal a Traffic Safety Turnaround The utility-owner had reached a tentative agreement in August in which it, along with other defendants including the state of Hawaii, Maui County and landowners, would pay $4 billion to resolve hundreds of lawsuits stemming from last year's wildfire, according to a filing Tuesday. The settlements don't resolve claims with insurers that are part of separate lawsuits. Multiple conditions must be met before payments are made by Hawaiian Electric, including resolving insurer claims either though an agreement or final court order, the filing said. Hawaiian Electric's stock was halted pending the news. Shares were 1.6% higher in after-market trading. Most Read from Bloomberg Businessweek Even Some High-I Show less Read more
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