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Bond Report: 10-year U.S. government bond yield hits six-week high as investors turn attention to GDP
U.S. government bond rates advanced Thursday as fixed-income investors looked ahead to a second-quarter GDP reading that could put pressure on the Federal Reserve to stay on track with its current pace of rate hikes......»»
Cities Where Incomes Are Shrinking the Fastest
Total personal income in the United States climbed for the third consecutive year in 2016. Nationwide, the total amount Americans took home rose 1.1% — from $14.2 trillion in 2015 to $14.4........»»
Cyanotech reports $1.2M loss due to spirulina disruption
Hawaii-based nutrition and health products company Cyanotech Corp. reported a net loss of $1.27 million, or 22 cents per diluted share, for the first quarter of 2019, compared to net income of $501,000, or 9 cents per diluted share, in the previous year.....»»
Hawaii named happiest state in America
Hawaii has been named the happiest state in the United States, according to a new report. Personal-finance website WalletHub said it examined the 50 states across 31 key metrics, ranging from depression rate to sports participation rate to income growth,.....»»
Universal life insurance, a 1980s sensation, has backfired
A long decline in interest rates caused premiums to soar when they were supposed to stay level, trapping retirees and forcing many to drop coverage. ‘These life policies were quicksand,’ says one 85-year-old customer......»»
Hawaii unemployment rate drops again
Hawaii’s unemployment rate was 2.1 percent for August, a slight drop compared to 2.2 percent from the same period last year, according to data released by the Hawaii State Department of Labor & Industrial Relations. August’s figures mark the t.....»»
Arizona tribal revenue rises despite drop in gaming income
Gambling revenue dipped slightly at Arizona’s tribal casinos during 2016, but those losses were more than offset by a strong jump in non-gaming revenue that helped boost total income to $2.23 billion for the year, a new report says. Casino Cityâ€.....»»
Heartland Pulls In A Lot Less Revenue Than Last Year, But Its Earnings And OR Are Strong
Heartland Express, Inc. (NASDAQ: HTLD) recorded a significant drop in revenues for the third quarter ended September 30, but a sharp drop in expenses led it to gains in its operating ratio and net income. read more.....»»
Bank of Hawaii reports 23% increase in net income for Q3 2018
Bank of Hawaii Corp. (NYSE: BOH) reported net income of $56.9 million for the third quarter of 2018, an increase of 23.9 percent compared to net income of $45.9 million in the same period last year. The state’s second-largest bank reported dilu.....»»
Weak soybean exports seen slowing U.S. third quarter growth
The U.S. economy likely slowed in the third quarter, held back by a tariff-related drop in soybean exports, but the pace probably remained strong enough to stay on track to hit the Trump administration's 3 percent target this year......»»
A&B reports $15M in net income for Q3
Alexander & Baldwin reported third quarter earnings of $14.8 million for the third quarter, or 21 cents per share, compared to $6.1 million, or 13 cents per share, for the same quarter last year, based on strong results in the Hawaii company’s core.....»»
Spirulina disruption continues to impact Cyanotech revenue
Hawaii-based biotech company Cyanotech reported a net loss of $1.15 million, or 20 cents per diluted share, for the second of quarter of fiscal year 2019, compared to net income of $486,000, or 8 cents per diluted share, from last year's comparable q.....»»
Home sales drop on Hawaii"s Big Island, prices flat
Home sales declined on Hawaii’s Big Island last month, compared to a year ago, while prices of single-family homes declined and condominium prices remained flat, according to statistics from Hawaii Information Service on behalf of Hawaii Island R.....»»
Georgia State economic report tempers positive news with concern over interest rates
Georgia's economy continues to hum along with low unemployment and growth in personal income, the Fiscal Research Center at Georgia State University reported Tuesday. However, a policy brief the center prepared in advance of the start of this year's Ge.....»»
Citigroup reports surprise drop in quarterly revenue, shares fall
Citigroup Inc reported a surprise drop in quarterly revenue on Monday, as volatility in financial markets toward the end of the year hurt its fixed-income trading business......»»
Citigroup beats profit estimates on lower expenses, shares rise
Citigroup Inc beat Wall Street profit estimates on Monday as lower expenses offset a drop in quarterly revenue, stemming from year-end volatility in its fixed-income trading business......»»
Net income up nearly 19% for Bank of Hawaii in 2018
Bank of Hawaii Corp. (NYSE: BOH) on Monday announced its 2018 year-end and fourth quarter financial results. Net income for the year was up $34.9 million or 18.9 percent, from 2017 to 2018, increasing from $184.7 million to $219.6 million. Diluted e.....»»
Benchmark Electronics" CEO will retire; Tempe company reports higher income
CEO Paul Tufano was brought out of retirement to lead Benchmark in 2016, where he was only supposed to stay for 24 months or less, but his role was extended last year. A search for his successor is underway......»»
Hawaii State FCU doubles net income in 2018
Hawaii State Federal Credit Union more than doubled its net income last year while growing the number of members by 6.2 percent and total assets by 3.3 percent. The Honolulu-based credit union, which has members on Oahu and Maui, reported net incom.....»»
Corporate income taxes are plummeting in many states. See who dodged the taxman entirely last year (gallery)
If Amazon.com’s recent search for a second U.S. headquarters proved anything, it’s this: Many states will do almost anything to stay competitive, and big business will do almost anything to stay ahead of the taxman. Those truisms have spread well b.....»»