Updated at 12:16 p.m., Friday, July 27, 2007
Local stocks mostly extend declines for a second day
Advertiser Staff
Local stocks mostly fell with the broader stock market for a second day as Wall Street extended its biggest plunge in five months.Central Pacific Financial, parent company of Central Pacific Bank, fell $1.49 or almost 5 percent, to close at $28.56. Yesterday the stock was one of the few Hawai'i-based companies showing a gain.
Shipping and real estate company Alexander & Baldwin Inc. declined 1.7 percent as its shares dropped 91 cents to $52.35, while Hawaiian Holdings, the parent company of Hawaiian Airlines, was off 13 cents, or 4.2 percent, to $3.
Among gainers, Bank of Hawaii's shares rose 23 cents to $48.61. That represented a 0.5 percent increase.
