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Benchmark equity indices Sensex and Nifty climbed in initial trade on Thursday amid buying in frontline IT and bank stocks. NTPC, Sun Pharma, Asian Paints and Adani Ports were among the laggards. The ...

Eric Bank is an M.B.A. who has covered financial and business topics since 1985, appearing regularly on Credible, eHow, WiseBread, The Nest, Zacks, Chron, BadCredit.org and dozens of other outlets.

Economists believe concerns for the economy could see the Bank of England forced to cut the base rates four times in the year ahead, with the first cut in February. If correct, the base rate could ...

Power company Hawaiian Electric Industries said Tuesday it has sold a 90.1% stake in its bank subsidiary American Savings Bank to independent investors via separate agreements, in a transaction valued ...

saying it had launched an “incitement campaign” against the network and its journalists in the occupied West Bank for its coverage of the clashes. In its statement on Thursday, Al Jazeera ...

Hawaiian Electric Industries (NYSE:HE) -0.6% in Tuesday's trading after saying it agreed to sell a 90.1% stake in its American Savings Bank subsidiary to a group of nearly a dozen investors for $ ...

Hawaiian Electric Industries has sold more than 90% of its equity in American Savings Bank, which will now operate as an independent bank, for $405 million in cash. The utility company said ...

American Savings Bank will continue to operate as an independent ... in ASB’s 100-year history,” Teranishi said in a statement. “Our new shareholders recognize and value our deep roots ...

Hawaiian Electric (HE) Industries announced the closing of the sale of 90.1% of the common stock of American Savings Bank, F.S.B, previously its wholly owned subsidiary, to independent investors ...

Sale simplifies HEI’s strategy and regulatory position, allowing HEI to focus on core utility business and regaining financial strength Enables American Savings Bank to continue strong ...