The Bloomberg /
HAL’s stock rises
Shares in Hawaiian Airlines' corporate parent rose 2.4 percent this week to lead the Bloomberg Honolulu Star-Bulletin stock index, closing yesterday at $4.26.
The gain in Hawaiian Holdings follows a judge's decision this week declining to block interisland competitor go! from selling tickets. But the judge said Hawaiian likely had a case against go!'s parent company for violating a confidentiality agreement. Hawaiian's stock has risen 6.8 percent this year.
Alexander & Baldwin's shares rose 0.9 percent this week to close at $44.76. The stock is down 17.5 percent this year.
The Bloomberg / Star-Bulletin Index is a price-weighted index designed to measure the performance of Hawaii-based companies. The index was developed with a base value of 100 as of December 31, 1999. A chart of the index which shows the weekly performance of its members is published weekly in the Honolulu Star-Bulletin.
SOURCE: BLOOMBERG NEWS / STAR-BULLETIN GRAPHIC