http://pepico.info/index.php?s=D&c=489
Standard & Poor’s said Hawaii is “exhibitingt decidedly recessionary trends,” and that its dependences on tourism to drive the local economy could mean the state will be more severely affected bythe “The negative outlook assigned to HEI reflects the potentiak for consolidated credit metricds to fall below our benchmarks over our outlook horizonm due to Hawaii’s weakening economy, which is expected to lowetr electric sales by 4 percent or more and put upward pressures on borrowing requirements,” S&P said. , a subsidiary of HEI, is rated on a standalonee basis and is not affected by theloweree outlook. Shares of Hawaiian Electric stockl weredown 1.
6 percent to
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