The Bloomberg Honolulu 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.
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Star-Bulletin Index
In a wild week for Hawaii's business world, CB Bancshares Inc. and Hawaiian Holdings Inc. made extreme moves in opposite directions to highlight activity in the Bloomberg Honolulu Star-Bulletin index. Hawaiian shares crash
CB Bancshares, parent of City Bank, jumped 46.2 percent to an all-time high of $66.86 after receiving an unsolicited $285 million merger offer from rival CPB Inc., the parent of Central Pacific Bank. CPB lost 5.9 percent in the holiday-shortened week to $24.13.
Hawaiian Holdings, parent of Hawaiian Airlines, dropped 50 percent to 75 cents after a three-week trading delay due to its Chapter 11 bankruptcy filing.
Source: Bloomberg News STAR-BULLETIN GRAPHIC
