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Hawaiian Electric lost two-thirds of its value after Maui wildfires And it might not be over yet, analysts say

On Thursday, Wells Fargo analysts issued a report saying that the state's primary power company is essentially worth zero dollars – pointing to the increasing death toll, property damage, pain and suffering in Maui.

United statesJonathan reederWells fargoHawaiian electricMaui electricHawaii wildfires

Hawaiian Electric lost two-thirds of its stock value since Maui fires

On Thursday, Wells Fargo analysts issued a report saying that the state's primary power company is essentially worth zero dollars – pointing to the increasing death toll, property damage, pain and suffering in Maui.

United statesJonathan reederEmily mae czachorAssociated pressWells fargoHawaiian electricMaui electricMae czachor

Hawaiian Electric Risks Are So Big That Stock Is Seen Hinging on Bank Unit

Hawaiian Electric Risks Are So Big That Stock Is Seen Hinging on Bank Unit
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United statesJonathan reederShahriar pourrezaFargo reederAmerican savings bankWells fargoPge corpBloomberg hawaiian electric industries incElectric industriesWall street

Hawaiian Electric Woes Risk Wiping Out the Value of Its Utility

(Bloomberg) Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBitcoin Calm Shatters With Sudden Tumb

United statesShahriar pourrezaBloomberg businessweekCarmen reinickeFargo reederJonathan reederPge corpAmerican savings bankBloomberg hawaiian electric industries incWells fargoElectric industriesWall streetJonathan reederIsland of mauiCalifornia utilityHawaiian electric

Hawaiian electric s future in doubt after $1 billion meltdown – Delco Times

Analysts are starting to raise questions over whether Hawaiian Electric will be able to withstand the pressure if it does end up being at fault.

United statesJay rhameKing kalakauaShahriar pourrezaAndy bischofThomas edisonMark chediakJustin sullivan gettyJonathan reederHawaiian electric industries coPge corpWells fargoHawaiian electricGetty imagesMaui electricReaves asset