State of Hawaii

Kailua-Kona, HI, United States

State of Hawaii

Kailua-Kona, HI, United States

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"Nurses are at the center of delivering a quality, compassionate patient care experience. AMN Healthcare is honored to recognize the exceptional service of nurses throughout the world this week," said Susan Salka, AMN Healthcare President and CEO.  "We are also very proud that some of the finest nurses in the country have or are currently working with the AMN team providing outstanding care for our clients. Their commitment to their profession and their advocacy for patients and their families is inspiring to us all." Per diem and travel nurses have always been an essential part of any effective healthcare system and are becoming increasingly important as the healthcare industry faces a growing nurse shortage and increased need for workforce flexibility. Research confirms that per diem and travel nurses provide quality of care that is equivalent to their permanent counterparts. The following four outstanding AMN travel nurses were chosen by a committee of AMN clients, clinicians and recruiters. These nurses showed an unwavering commitment to excellence in the nursing profession that goes far beyond their job requirements. The nominations were a testament to the high quality of nurses that AMN Healthcare has on assignment. The Innovation Award went to Jennifer Ordonez, RN BSN, an ICU Nurse on assignment in Palm Springs, CA, for her ongoing pursuit of personal and professional excellence through innovation and the advancement of patient care. As her nomination stated, "Jennifer goes beyond the care and comfort of the patient to provide life-changing care. This is the definition of excellence." The Passion Award for exemplifying the highest standards of professional excellence through leadership and extraordinary commitment to service throughout their healthcare community went to Allison Griffin, RN, BLS, CHEMO, PALS, PMD, a Pediatric Nurse on assignment in Boston, MA. Allison was selected because she "is able to impact the lives of the children and their families with her care and compassion in a meaningful way each and every day!" The Customer Focus Award for demonstrating an unwavering dedication to the improvement of patient care across all specialties and embodying the core values of the nursing profession in actions and words went to Sandra Shrago, RN, ACLS, BSN, an ICU Nurse on assignment at NewYork-Presbyterian/ Columbia University Medical Center in New York, NY. Sandra was nominated for this award because she "encompasses all that nursing should represent, going above and beyond what is standard, setting a bar for herself, for her care of others. Her amiable demeanor, warm smile and linguistic adeptness proves to be a pleasure and an asset." The Overall Commitment to Excellence Award for all of these qualities, and continually striving to improve patient care through education and innovation, displaying an unmatched passion for the profession was given to Sonia Washington, RN, ACLS, BLS, PALS, an ICU Nurse on assignment at Hilo Medical Center in Hilo, HI. "Sonia's respect of patients, families, physicians, and quick adaption to local culture make her shine," said Sonia's supervisors at Hilo Medical Center. "Sonia demonstrated the professional conduct and compassion our ICU Beacon Status department is known for and expects. Sonia has an outgoing personality, participates in our teamwork philosophy… and works above and beyond as a patient advocate." NewYork-Presbyterian NewYork-Presbyterian is one of the nation's most comprehensive, integrated academic healthcare delivery systems, whose organizations are dedicated to providing the highest quality, most compassionate care and service to patients in the New York metropolitan area, nationally, and throughout the globe. In collaboration with two renowned medical schools, Weill Cornell Medicine and Columbia University Medical Center, NewYork-Presbyterian is consistently recognized as a leader in medical education, groundbreaking research and innovative, patient-centered clinical care. For more information, visit www.nyp.org and on Facebook, Twitter and YouTube. Hilo Medical Center As the Big Island's leading provider of nationally recognized 4-star care, Hilo Medical Center (HMC) delivers a full range of services and programs. Our 20-acre campus consists of 276 beds located throughout the 137-bed acute hospital, 20-bed behavioral health unit and a 119-bed long-term care facility. We have over 1,000 employees and a medical staff comprised of 250 physicians, physician assistants and Advanced Practice Registered Nurses, representing 33 specialties. As a medical center, we have a network of nine outpatient clinics offering primary and specialty care. The hospital is a Level III Trauma Center which includes the second busiest emergency room in the state that provides 24-hour care to nearly 48,000 patients annually. In 2016, the Centers for Medicare & Medicaid Services (CMS) ranked HMC 4 stars for Overall Hospital Quality, putting our hospital in the top 20% in the nation, among the top 5 hospitals in the state, and named HMC the only 4-star hospital on Hawaii Island. Also in 2016, our Intensive Care Unit was designated as a bronze level for Beacon Award of Excellence – only the second ICU in the state to receive this designation. HMC received the 2016 American Heart Association Gold Plus Award for heart failure. HMC has also been recognized for quality long term care by Providigm for Quality Assurance & Performance Improvement Accredited Facility and Embracing Quality Award for the Prevention of Hospital Readmissions. Our long term care met the requirements for the American Health Care Association's Three Tier Level Quality Initiative Recognition Program. HMC ranks in the top 2% of hospitals in country and best in the state of Hawaii for preventing Hospital Acquired Conditions, according to CMS in 2015. The hospital is also a recipient of the 2015 Healthgrades Patient Safety Excellence Award™ and a past recipient of the Mountain Pacific Quality Health's Quality Achievement Award. HMC received the HIMSS Nicholas E. Davies Award for Excellence in 2015 for demonstrating EMR utilization to improve quality of care and financial management. We are part of the Hawaii Health Systems Corporation, a public entity established in 1996 by the State of Hawaii to fulfill the promise to provide quality, hometown healthcare. For more information, go to: www.hilomedicalcenter.org. About AMN Healthcare AMN Healthcare is the leader and innovator in healthcare workforce solutions and staffing services to healthcare facilities across the nation. The Company provides unparalleled access to the most comprehensive network of quality healthcare professionals through its innovative recruitment strategies and breadth of career opportunities. With insights and expertise, AMN Healthcare helps providers optimize their workforce to successfully reduce complexity, increase efficiency, and improve patient outcomes. AMN delivers managed services programs, healthcare executive search solutions, vendor management systems, recruitment process outsourcing, predictive modeling, medical coding and consulting, and other services. Clients include acute-care hospitals, community health centers and clinics, physician practice groups, retail and urgent care centers, home health facilities, and many other healthcare settings. For more information about AMN Healthcare, visit www.amnhealthcare.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/national-nurses-week-amn-healthcare-commitment-to-excellence-awards-recognize-importance-of-nurses-in-patient-care-300456603.html


News Article | May 11, 2017
Site: www.prweb.com

On May 1-2, more than 1,000 students, educators, industry partners and community leaders throughout the state and the nation gathered for the 8th Annual Hawaii STEM Conference – an empowering STEM event dedicated to engaging a new generation of Science, Technology, Engineering and Math (STEM) innovators in Hawaii. Presented by Maui Economic Development Board’s (MEDB) Women in Technology (WIT) project, the conference was held for the first time at the Hawaii Convention Center on Oahu. This year’s theme, “Download Knowledge. Upload Service,” invited students to demonstrate and showcase the skills and abilities they have gained to help create a thriving future, not only for Hawaii, but the world. Students and teachers representing intermediate and high schools from every island across the state of Hawaii participated in this regional technology conference which featured 40+ student breakout sessions, 30+ teacher breakout sessions, 14 software competitions, a STEM playground, a formal awards banquet (“The STEMMYS), and exhibit presentations. During the conference, Hawaii State Governor David Ige announced the offering of a Digital Alliance program for high school students across the State of Hawaii in the summer of 2018. A partnership between Microsoft, Maui Economic Development Board’s Women in Technology Project (WIT) and the State of Hawaii; the Digital Alliance program will provide students with the knowledge and skills to succeed in computer science and/or in any STEM-related careers. The program is designed to promote critical and creative thinking; encourage collaboration with other students; and intersect with industry professionals in various Science, Technology, Engineering and Math (STEM) fields. “Microsoft has done so much in our community and they are committed to assuring that many of you will have access to a lot of the great technology that is really defining the future for all of us,” said Hawaii State Governor David Ige. “And so the Maui Economic Development Board, State of Hawaii and Microsoft have formed a Digital Alliance partnership because we do understand that software development and access to the latest and greatest software tools gives our young people opportunities to explore all of these technologies. In today’s world anything can be done anywhere and it really is about who is brave enough to take it on and solve our world’s challenges.” While this year’s conference excelled in engaging students and educators on a myriad of hands-on STEM activities, competitions, and access to the latest technologies; it was the overarching mission of the state’s largest STEM conference that brought home the true impact of STEM education. According to Leslie Wilkins, MEDB Vice President, “Virtually every field in every sector of the economy whether a small business or major industry is needing STEM professionals – people who are literate and fluent in various technology skills. But just teaching current technology applications does not serve our children well, because technology changes so rapidly. So we need to focus on empowering our youth to be self-directed learners, to be resilient, to stay current and be adaptive to change and not be scared by it. And, most importantly, to have the confidence that they can do it. Instilling these values are at the heart of MEDB’s STEMworks™ program and what this conference is all about.” The 8th Annual Hawaii STEM Conference is sponsored by: Office of Naval Research U.S. Department of Education U.S. Department of Labor County of Maui MEDB Ke Alahele Education Fund Microsoft Strada Education Network University of Hawaii at Manoa Hawaii Energy 21st Century Community Learning Centers Esri Hawaii Geographic Information Coordinating Council (HIGICC) Hawaiian Electric Company Opterra Energy Services Trimble SketchUp Central Pacific Bank Apple Inc. Creative Industries Hawaii Creative Lab Hawaii Autodesk National Security Agency STEM Pre-Academy Monsanto Ozobot King Kekaulike High School Maui High School ACOM Searider Productions Ben Franklin Crafts/Ace Hardware by HouseMart Blue Planet Camp CenterStage DevLeague Drone Services Hawaii Elemental Minds 3D Innovations Hawaii HCM Creative Media Team Hi FusionEd Iolani School The Janus Group Momilani Elementary School Maunakea Scholars National Aeronautics and Space Administration (NASA) National Oceanic and Atmospheric Administration (NOAA) Regional SATCOM Support Center-Pacific U.S. Army Space and Missle Defense Command Patsy T. Mink Center for Business & Leadership Seaglide Robonation STEMJOBS State of Hawaii Department of Labor State of Hawaii Department of Education University of Hawaii Manoa College of Engineering University of Hawaii, Maui College The Women in Technology Project is a statewide initiative of the Maui Economic Development Board. WIT is funded in part by the U.S. Departments of Education and Agriculture, Office of Naval Research, State of Hawaii, and the County of Maui. For more information on the 2017 Hawaii STEM Conference, visit http://womenintech.com/HawaiiSTEMConference or contact WIT Program K-12 STEM Education Director Isla Young at isla(at)medb(dot)org or 808-250-2888.


News Article | May 5, 2017
Site: www.prnewswire.com

Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) today reported consolidated net income for common stock for the first quarter of 2017 of $34.2 million and diluted earnings per share (EPS) of $0.31 compared to $32.4 million and EPS of $0.30 for the first quarter of 2016.  Core earnings1 were $34.2 million and core EPS1 of $0.31 in the first quarter of 2017 compared to $35.3 million and $0.33, respectively, in the first quarter of 2016. "Our utilities continue to be leaders in the transformation to clean energy and we're making significant upgrades to our grids to make them more resilient, reliable and renewable-ready.  At American Savings Bank, we continue to deliver solid year over year earnings growth and strong first quarter annualized deposit growth of 9.1% while maintaining healthy capital levels," said Constance H. Lau, HEI president and chief executive officer. Hawaiian Electric Company's2 net income for the first quarter of 2017 was $21.5 million compared to $25.4 million in the first quarter of 2016.  Core earnings were $21.5 million and $26.7 million in the first quarters of 2017 and 2016, respectively.  The $5.3 million core net income decrease from the prior year quarter was primarily driven by the following after-tax items: _________________ Note:  Amounts indicated as "after-tax" in this earnings release are based upon adjusting items for the composite statutory tax rates of 39% for the utilities and 40% for the bank. 1  Non-GAAP measure that excludes income and costs after-tax related to the terminated merger with NextEra Energy, Inc., the cancelled spin-off of ASB Hawaii, Inc., and the termination of the liquefied natural gas (LNG) contract which required PUC approval of the merger with NextEra Energy, Inc. (the "Transaction Adjustments").  See the "Explanation of HEI's Use of Certain Unaudited Non-GAAP measures" and the related reconciliation. 2    Hawaiian Electric Company, unless otherwise defined, refers to the three utilities, Hawaiian Electric Company, Inc. on Oahu, Maui Electric Company, Limited, and Hawaii Electric Light Company, Inc. These items were partially offset by $1 million (after-tax) lower operations and maintenance expenses5 compared to the prior year quarter which included power supply improvement plan consulting expenses of $2 million (after-tax).  The first quarter of 2017 also included additional reserves for environmental costs of $1 million (after-tax). American Savings Bank's (American) net income for the first quarter of 2017 was $15.8 million compared to $16.2 million in the fourth (or linked) quarter of 2016 and $12.7 million in the first quarter of 2016. Compared to the first quarter of 2016, the $3.1 million increase was primarily driven by $3 million (after-tax) higher net interest income mainly due to growth in the commercial real estate and consumer loan portfolios as well as the deployment of strong deposit growth into our investment portfolio. _________________ 3   Net revenues represent the after-tax impact of "Revenues" less the following expenses which are largely pass through items in revenues: "fuel oil," "purchased power" and "taxes, other than income taxes" as shown on the Hawaiian Electric Company, Inc. and Subsidiaries' Condensed Consolidated Statements of Income. 4   With the expiration of the 2013 settlement agreement with the Consumer Advocate that was approved by the PUC, in 2017 the Oahu rate adjustment mechanism (RAM) revenues revert to being recorded for accounting purposes from a calendar year recognition period to a period beginning on June 1 of each year through May 31 of the subsequent year.  The periods in which the cash reflecting RAM revenues is collected did not change as a result of the settlement agreement and have always been aligned to the June 1 to May 31 periods. Therefore, the expiration of the 2013 settlement agreement will have no impact on Hawaiian Electric Company cash collections. 5   Excludes net income neutral expenses covered by surcharges or by third parties and merger-related costs including the terminated LNG contract costs.  See the "Explanation of HEI's Use of Certain Unaudited Non-GAAP measures" and the related reconciliation. Compared to the linked fourth quarter of 2016, the $0.4 million decrease was primarily driven by the following on an after-tax basis: These increases were offset by the following on an after-tax basis: Total loans were $4.7 billion at March 31, 2017, and included growth in the residential and consumer loan portfolio during the first quarter of 2017.  The reduction in our exposure to national credits, a loan payoff connected with a completed construction project, and the resolution and payoff of a prior nonperforming commercial loan contributed to the 1.2% annualized decline in our loan portfolio in the first quarter of 2017. Total deposits were $5.7 billion at March 31, 2017, an increase of $126 million or 9.1% annualized increase from December 31, 2016.  Low-cost core deposits increased $140 million or 11.4% annualized increase from December 31, 2016.  The average cost of funds was 0.20% for the first quarter of 2017 compared to 0.22% for the fourth quarter of 2016 and 0.23% for the first quarter of 2016. Overall, American achieved solid profitability in the first quarter of 2017 with a return on average equity of 10.8% and a return on average assets of 0.98%. For additional information, refer to the American news release issued on April 28, 2017. The holding and other companies' net losses were $3.1 million in the first quarter of 2017 compared to the $5.7 million net loss in the first quarter of 2016.  Excluding the Transaction Adjustments which totaled $1.5 million in the first quarter of 2016, holding and other companies' net losses were $3.1 million and $4.2 million in the first quarters of 2017 and 2016, respectively.  The lower net loss was primarily driven by tax benefits in the first quarter of 2017 related to the adoption of an accounting standard update on share-based compensation. WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND EPS GUIDANCE HEI will conduct a webcast and conference call to review its first quarter of 2017 earnings and 2017 EPS guidance on Friday, May 5, 2017, at 8:00 a.m. Hawaii time (2:00 p.m. Eastern time). Interested parties within the United States may listen to the conference by calling (844) 834-0652 and international parties may listen to the conference by calling (412) 317-5198 or by accessing the webcast on HEI's website, www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company intend to continue to use HEI's website as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric Company's and American's press releases, HEI's and Hawaiian Electric Company's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts. The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric Company's SEC filings unless, and except to the extent, specifically incorporated by reference. Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC. No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric Company's SEC filings. An online replay of the webcast will be available at the same website beginning about two hours after the event. Replays of the conference call will also be available approximately two hours after the event through May 19, 2017, by dialing (877) 344-7529 or (412) 317-0088 and entering passcode: 10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American Savings Bank, F.S.B., one of Hawaii's largest financial institutions. See "Explanation of HEI's Use of Certain Unaudited Non-GAAP Measures" and related reconciliations on pages 12 to 13 of this release. This release may contain "forward-looking statements," which include statements that are predictive in nature, depend upon or refer to future events or conditions, and usually include words such as "will," "expects," "anticipates," "intends," "plans," "believes," "predicts," "estimates" or similar expressions. In addition, any statements concerning future financial performance, ongoing business strategies or prospects or possible future actions are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and the accuracy of assumptions concerning HEI and its subsidiaries, the performance of the industries in which they do business and economic and market factors, among other things. These forward-looking statements are not guarantees of future performance. Forward-looking statements in this release should be read in conjunction with the "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" discussions (which are incorporated by reference herein) set forth in HEI's Annual Report on Form 10-K for the year ended December 31, 2016 and HEI's future periodic reports that discuss important factors that could cause HEI's results to differ materially from those anticipated in such statements. These forward-looking statements speak only as of the date of the report, presentation or filing in which they are made. Except to the extent required by the federal securities laws, HEI, Hawaiian Electric Company, American and their subsidiaries undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. EXPLANATION OF HEI'S USE OF CERTAIN UNAUDITED NON-GAAP MEASURES HEI and Hawaiian Electric Company management use certain non-GAAP measures to evaluate the performance of HEI and the utility.  Management believes these non-GAAP measures provide useful information and are a better indicator of the companies' core operating activities given the non-recurring nature of these items.  Core earnings and other financial measures as presented here may not be comparable to similarly titled measures used by other companies.  The accompanying tables provide a reconciliation of reported GAAP1 earnings to non-GAAP core earnings and the adjusted return on average common equity (ROACE) for HEI and the utility. The reconciling adjustments from GAAP earnings to core earnings are limited to income, costs and associated taxes related to the terminated merger between HEI and NextEra Energy, Inc., the cancelled spin-off of ASB Hawaii, Inc., and the termination of the liquefied natural gas (LNG) contract which required the Hawaii Public Utilities Commission approval of the merger with NextEra Energy, Inc.  For more information on the transactions, see HEI's Form 8-K filed on July 18, 2016 and HEI's Form 8-K filed on July 19, 2016.  Management does not consider these items to be representative of the company's fundamental core earnings. The accompanying table also provides the calculation of utility GAAP O&M adjusted for costs related to the terminated merger discussed above. "O&M-related net income neutral items" which are O&M expenses covered by specific surcharges or by third parties have also been excluded.  These "O&M-related net income neutral items" are grossed-up in revenue and expense and do not impact net income. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hei-reports-first-quarter-2017-earnings-300452132.html


News Article | May 4, 2017
Site: www.prnewswire.com

HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American Savings Bank's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts.  The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings unless, and only to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American Savings Bank, F.S.B., one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hei-maintains-quarterly-dividend-of-031-per-share-300451204.html


News Article | April 28, 2017
Site: www.prnewswire.com

First quarter of 2017 net income of $15.8 million was $3.1 million higher than the first quarter of 2016 and $0.4 million lower than the fourth (linked) quarter of 2016. Compared to the first quarter of 2016, the $3.1 million increase was primarily driven by $3 million (after-tax) higher net interest income mainly due to growth in the commercial real estate and consumer loan portfolios as well as the deployment of strong deposit growth into our investment portfolio. Compared to the linked fourth quarter of 2016, the $0.4 million decrease was primarily driven by the following on an after-tax basis: These increases were offset by the following on an after-tax basis: Net interest income (pretax) was $54.8 million in the first quarter of 2017, compared to $53.0 million in the linked quarter and $50.4 million in the prior year quarter.  Net interest margin was 3.68% in the first quarter of 2017 compared to 3.59% in the linked quarter and 3.62% in the first quarter of 2016.  The higher net interest margin was primarily attributable to higher yields on interest-earning assets. The provision for loan losses (pretax) was $3.9 million in the first quarter of 2017 compared to $1.5 million in the linked quarter and $4.8 million in the first quarter of 2016.  As previously mentioned, the increase from the linked quarter was primarily due to reserves for a commercial real estate relationship.  The first quarter of 2017 net charge-off ratio was 0.29%, compared to 0.40% in the linked quarter and 0.21% in the prior year quarter.  The fourth quarter of 2016 net charge-off ratio included charge-offs of specific commercial credits that had been previously individually reserved.  Nonaccrual loans as a percent of total loans receivable held for investment dropped to 0.41% compared to 0.49% in the linked quarter and 1.01% in the prior year quarter. Noninterest income (pretax) was $15.1 million in the first quarter of 2017 compared to $16.5 million in the linked quarter and $15.4 million in the prior year quarter, primarily attributable to the decline in mortgage banking activity. Noninterest expense (pretax) was $41.9 million compared to $43.1 million in the linked quarter and $41.4 million in the first quarter of 2016. Total loans were $4.7 billion at March 31, 2017 and included growth in the residential and consumer loan portfolio during the first quarter of 2017.  The reduction in our exposure to national credits, a loan payoff connected with a completed construction project, and the resolution and payoff of a prior nonperforming commercial loan contributed to the 1.2% annualized decline in our loan portfolio in the first quarter of 2017. Total deposits were $5.7 billion at March 31, 2017, an increase of $126 million or 9.1% annualized increase from December 31, 2016.  Low-cost core deposits increased $140 million or 11.4% annualized increase from December 31, 2016.  The average cost of funds was 0.20% for the first quarter of 2017 compared to 0.22% for the fourth quarter of 2016 and 0.23% for the first quarter of 2016. American's return on average equity was 10.8% for the first quarter of 2017 compared to 11.1% in the linked quarter and 8.9% in the first quarter of 2016.  Return on average assets was 0.98% for the first quarter of 2017, compared to 1.02% in the linked quarter and 0.84% in the same quarter last year.  American's solid results enabled it to pay dividends of $9.4 million to HEI while maintaining healthy capital levels -- leverage ratio of 8.5% and total capital ratio of 13.6% at March 31, 2017. HEI EARNINGS RELEASE, HEI WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND 2017 EPS GUIDANCE Concurrent with American's regulatory filing 30 days after the end of the quarter, American announced its first quarter 2017 financial results today.  Please note that these reported results relate only to American and are not necessarily indicative of HEI's consolidated financial results for the first quarter of 2017. HEI plans to announce its first quarter 2017 consolidated financial results on Friday, May 5, 2017 and will conduct a webcast and conference call to discuss its consolidated earnings, including American's earnings, and 2017 EPS guidance on Friday, May 5, 2017, at 8:00 a.m. Hawaii time (2:00 p.m. Eastern time). Interested parties within the United States may listen to the conference by calling (844) 834-0652 and international parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts.  The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Replays of the conference call will also be available approximately two hours after the event through May 19, 2017 by dialing (877) 344-7529 or (412) 317-0088 and entering passcode:  10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-savings-bank-reports-first-quarter-2017-earnings-300448339.html


Parties within the United States may listen to the conference by calling (844) 834-0652.  International parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's SEC filings and HEI's public conference calls and webcasts.  Also, at the Investor Relations section of HEI's website, investors may sign up to receive e-mail alerts (based on each investor's selected preferences).  The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference into this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Audio replays of the teleconference will also be available approximately two hours after the event through May 19, 2017, by dialing (877) 344-7529 or (412) 317-0088 and entering passcode: 10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hawaiian-electric-industries-inc-to-announce-first-quarter-2017-financial-results-on-may-5-2017-american-savings-bank-to-announce-first-quarter-financial-results-on-april-28-2017-300443165.html


News Article | April 17, 2017
Site: www.prweb.com

Author Jeffrey L. Gross’ “Waipi’o Valley: A Polynesian Journey from Eden to Eden” (published by Xlibris) is packed with information and knowledge. It describes the amazing journey of the Polynesians, the, “Nomads of the sea,” across a third of the circumference of the earth. Many voyages covering thousands of miles across the world’s largest ocean in double-hull canoes constructed from hollowed-out logs and built with Stone Age technology—tools of stone, bone and shell and navigating by the stars of the night sky. Now a new marketing campaign is set to be launched for this groundbreaking book. “Waipi’o Valley” will embark readers on an amazing journey from Kalana i Hau’ola, the biblical Garden of Eden located in Sumer, Mesopotamia, along the shore of the Persian Gulf, to the Indus River Valley of ancient Vedic India, to Egypt where some of the ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the vast Pacific Ocean where the Polynesians resided on numerous tropical island paradises such as Ra’iatea Island, Tahiti, home of the Taputapuatea Marae, the most holy temple in Polynesia before reaching Hawai’i Island and Waipi’o Valley; the last Polynesian Garden of Eden. Due to their isolation on the islands of the Pacific Ocean, Polynesian religious and cultural beliefs preserved elements from mankind’s past nearer the beginning of human history. Polynesian mythology includes genealogical records of their divine ancestors extending back to Kahiki, the land of their origin; epic tales of gods and heroes preserving records of their ancient voyages, oral chants such as the Kumulipo containing evolutionary creation theories reflecting modern scientific thought, and the belief in a Supreme Creator God. “Waipi’o Valley” is a clear historical account that follows the story of the Polynesians on their amazing journey through time and space from their ancient origins to their discovery by western civilization. Those interested in mankind’s ancient past and in Polynesian history will find this book a source of valuable information as it provides enlightenment about these significant voyages, where they can learn more about the Polynesian way of life, beliefs and influence to the modern world. “Waipi’o Valley: A Polynesian Journey from Eden to Eden” By Jeffrey L. Gross Hardcover | 6 x 9in | 626 pages | ISBN 9781479798452 Softcover | 6 x 9in | 626 pages | ISBN 9781479798445 E-Book | 626 pages | ISBN 9781479798469 Available at Amazon and Barnes & Noble About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri., and first lived in the Hawaiian Islands during the late 1970s and early 1980s, when he became interested in Polynesian history and traditional culture that led to the research for this book. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.


News Article | February 22, 2017
Site: www.businesswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)--With more than seven billion mobile devices in the world and cyber-threats at an all-time high, demand has surged for simple and secure ways to sign and manage documents on smartphones and tablets. At the same time, new electronic signature regulations, like eIDAS in the European Union, have paved the way for electronic signatures to be adopted globally. Building on the work of the Cloud Signature Consortium, announced last June, Adobe (Nasdaq:ADBE) today unveiled the first cloud-based digital signatures built on an open standard. Adobe Document Cloud and Adobe Sign will enable digital signatures, the most advanced and secure type of electronic signatures used for things like healthcare forms or mortgage applications, in any browser or on any mobile device. The Adobe Sign preview release will be available to customers in the coming weeks. “Open standards propel entire industries forward, allowing interoperability between otherwise fragmented solutions, and paving the way for widespread adoption,” said Bryan Lamkin, executive vice president and general manager of Digital Media, Adobe. “Adobe pioneered digital signatures. And as the creator and champion of standards like PDF, we are proud to have once again rallied the industry to develop a new, open standard for digital signatures in the cloud, ensuring a great customer experience.” In addition, Adobe today unveiled new functionality in Adobe Sign that enables users to create end-to-end business workflows that go beyond signing and approvals. Adobe Sign now streamlines the flow of documents and tasks across entire teams with solutions that are mobile, customizable and easy-to-use. And, Adobe Sign works where you do, integrating with the systems, processes and applications you already use today. Now anyone can quickly and easily convert paper to digital with a smartphone ‘scan’, route documents for collaboration or certified electronic delivery, and connect into popular systems like Microsoft SharePoint. New Capabilities That Streamline Document Processes Across Teams: “With so many of today’s critical business processes moving to cloud based solutions, it’s imperative that people trust the information they are interacting with,” said Alan Lepofsky, VP and principal analyst at Constellation Research. “Digital signatures play a vital role in that trust, but for them to be successful they must be a frictionless part of the process. Building signatures on an open standard that works across browsers and mobile devices creates the seamless experience that people expect.” Adobe Sign lets you work with the world’s most trusted digital IDs today, enabling desktop signing with over 200 providers from the European Union Trust List (EUTL) and Adobe Approved Trust List (AATL). Thanks to the newly-released open standard specification built in collaboration with the Cloud Signature Consortium, customers and partners can see mobile and web signing in action with the Adobe Sign preview release, expected in the coming weeks. Cloud Signature-compliant digital ID solutions will be available from the following providers over the coming months: Asseco Data Systems, Certinomis (a subsidiary of La Poste Group), D-Trust (a subsidiary of Bundesdruckerei), InfoCert, Intarsys, Intesi Group and Universign. Adobe customers can contact their customer support manager to join the product preview. Service providers can learn more about the Adobe Cloud Signature Partner Program here. At the heart of Adobe Document Cloud is Adobe Acrobat DC, the world’s best PDF solution; Adobe Sign, the leading e-signature solution that allows anyone to electronically sign and send documents from any device; and powerful companion mobile apps. More than six billion digital and electronic signature transactions are processed through Document Cloud each year, including global businesses like Academy of Art, AmerisourceBergen, Deloitte, Diners Club, JLL, Mastercard, The Royal Bank of Scotland, the State of Hawaii and Verizon. With data centers in the U.S., UK, Germany, Japan and Australia, organizations around the world rely on Document Cloud and Adobe Sign for fast, secure and mobile e-signatures from anywhere. Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. © 2017 Adobe Systems Incorporated. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.


News Article | March 2, 2017
Site: www.prweb.com

Jeffrey L. Gross first lived in the Hawaiian Islands during the late ‘70s and early ‘80s, when he became interested in Polynesian history and traditional culture that led to the research for his book titled “Waipi’o Valley: A Polynesian Journey from Eden to Eden VOLUME 1” (published by Xlibris). His realization of the ancient origins of the Polynesians and their historic ocean voyages which is perhaps the most amazing migration in human history became his inspiration for writing this book. This book recounts the remarkable migrations of the Polynesians across a third of the circumference of the earth. Their amazing journey began from Kalana i Hau’ola, the biblical “Garden of Eden” located along the shore of the Persian Gulf, extended to the Indus River Valley of ancient Vedic India, to Egypt where some ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the Pacific Ocean. They voyaged thousands of miles in double-hull canoes constructed from hollowed-out logs, built with Stone Age tools and navigated by the stars of the night sky. The Polynesians resided on numerous tropical islands before reaching Waipi’o Valley, the last Polynesian “Garden of Eden.” There are no other books about Polynesia like it,” Gross says. “Polynesian cultural and religious beliefs retain elements from mankind’s vanishing cultural past. Polynesians have complex societies from their extensive interaction and cultural diffusion from ancient civilizations they encountered on their migrations from Sumer, Mesopotamia, the Indus River Valley of ancient India, Egypt and Island Southeast Asia.” Through the publication of this book, Gross hopes readers will appreciate the connection between ancient cultures and beliefs and those of the modern world. About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri, and first lived in the Hawaiian Islands during the late ‘70s and early ‘80s. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.


News Article | March 2, 2017
Site: www.prweb.com

Jeffrey L. Gross realization of the ancient origins of the Polynesians and their historic ocean voyages which is perhaps the most amazing migration in human history became his inspiration for writing “Waipi’o Valley: A Polynesian Journey from Eden to Eden VOLUME 1” (published by Xlibris). This book recounts the remarkable migrations of the Polynesians across a third of the circumference of the earth. The Polynesian’s amazing journey began from Kalana i Hau’ola, the biblical “Garden of Eden” located along the shore of the Persian Gulf, extended to the Indus River Valley of ancient Vedic India, to Egypt where some ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the Pacific Ocean. They voyaged thousands of miles in double-hull canoes constructed from hollowed-out logs, built with Stone Age tools and navigated by the stars of the night sky. The Polynesians resided on numerous tropical islands before reaching Waipi’o Valley, the last Polynesian “Garden of Eden.” There are no other books about Polynesia like it,” Gross says. “Polynesian cultural and religious beliefs retain elements from mankind’s vanishing cultural past. Polynesians have complex societies from their extensive interaction and cultural diffusion from ancient civilizations they encountered on their migrations from Sumer, Mesopotamia, the Indus River Valley of ancient India, Egypt and Island Southeast Asia.” Through the publication of this book, Gross hopes readers will appreciate the connection between ancient cultures and beliefs and those of the modern world. About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri, and first lived in the Hawaiian Islands during the late ‘70s and early ‘80s. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.

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