honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser
Posted on: Saturday, July 9, 2005

Big Isle, Kaua'i gain cell sites

Advertiser Staff and News Services

spacer


BIG ISLE, KAUA'I GAIN CELL SITES

Verizon Wireless yesterday said it expanded phone service on the Big Island and Kaua'i with the addition of two new cell sites.

The new cell site on the Big Island expands wireless coverage to the Hawai'i Volcanoes National Park, which is a major tourist attraction.

The new cell site on Kaua'i expands coverage to the Pacific Missile Range Facility at Barking Sands and links up to Waimea, including Kekaha. Coverage also extends north to Polihale Beach Park.


NATION WORLD


RUSSIA'S LUKOIL PROMOTES BRAND

PHILADELPHIA — Lukoil, Russia's largest oil company, has launched a marketing offensive to put its name on gas stations across the U.S. and become as well-known here as it is at home.

Over the past five years, OAO Lukoil has acquired about 1,300 Getty gas stations and 800 Mobil locations in the Northeast.


GM HEALTHCARE STILL UNRESOLVED

WASHINGTON — United Auto Workers President Ronald Gettelfinger said General Motors has not made the case that healthcare concessions by the union are vital to making the company profitable.

"We don't know how big of an issue it is at GM until we study it," Gettelfinger said in an interview with the Washington Post. He reiterated that the union would not reopen its contract, due to expire in 2007.


ALCOA EARNINGS GIVE SHARES A LIFT

PITTSBURGH — Shares of Alcoa Inc. rose yesterday after the aluminum producer reported its highest quarterly income and revenue in company history.

Alcoa's stock rose $1.11, or 4.2 percent, to close at $27.20.

The stock had hit a 52-week low of $25.55 on Thursday. After financial markets closed that day, Alcoa said its second-quarter profit rose 14 percent to $460 million, or 52 cents per share, from $404 million, or 46 cents per share a year earlier.


MORNINGSTAR UNIT SUBPOENAED

CHICAGO— The Securities and Exchange Commission has subpoenaed the consulting unit of Morningstar Inc. for information it offered to sellers of retirement plans, the mutual fund and stock research company said.

The Chicago-based company said the information sought by the SEC includes mutual fund lineup recommendations that Morningstar Associates LLC, an investment adviser on 401(k) plans, made to the plan providers.


DONALD, IVANA RIVALS IN VEGAS

NEW YORK — Donald Trump is going head-to-head with one of his ex-wives — this time in the real-estate arena. Trump and ex-wife Ivana have jumped into the volatile Las Vegas market, where both are building luxury condominium projects that will compete against each other.

The success or failure of the dueling developments may be the latest test of whether the turbulent Las Vegas market, which saw prices plummet during a pricing debacle last fall, is back on track.