Business briefs

Advertiser Staff

Stock transfer agent returns

Mellon Investor Services, LLC, which resigned as the stock transfer agent for the parent company of Hawaiian Airlines in July, has been reinstated, giving company officials hope that Hawaiian's stock will resume trading on the American Stock Exchange.

Hawaiian Holdings Inc. announced Mellon's reinstatement yesterday. Mellon's resignation had prompted a halt in trading on the American Stock Exchange.

Hawaiian officials said yesterday they are talking with the exchange and hope the halt on trading will be lifted.

United workers may lose jobs

United Airlines is considering laying off 53 O'ahu cabin-service employees and outsourcing the jobs, as United has done in other cities.

United, which is trying to emerge from bankruptcy protection, notified state labor officials that it may lay off the cabin-service employees beginning as early as Oct. 31.

Persis finalizes building sale

Honolulu-based Persis Corp. said yesterday it has completed the sale of its 656,000-square-foot Wal-Mart Distribution Center in Mira Loma, Calif. for $27.6 million. Persis acquired the building in July 2001.

Persis, a privately held company established in Honolulu in 1856, owns and manages more than 2 million square feet of space at facilities across the United States.