Posted at 9:28 a.m., Thursday, November 2, 2006
Hawaiian Electric cut to 'neutral' from 'outperform'
Advertiser Staff
Hawaiian Electric Industries Inc., was downgraded to "neutral" from "outperform" by analyst David E. Parker of Robert W. Baird & Co., according to Bloomberg News.Honolulu-based HEI yesterday reported third-quarter earnings fell 14 percent to $32.3 million compared with the same quarter a year earlier.