Stocks that are trading heavily or have substantial price changes Friday: Gap, Hibbett rise; Hawaiian Electric, Nordstrom fall.
The maker of human resources software reported strong second-quarter financial results.The digital commerce platform beat Wall Street’s fiscal fourth-quarter earnings forecasts.The sporting goods chain reported encouraging second-quarter earnings.The clothing chain beat analysts’ second-quarter earnings forecasts.The cloud-computing company gave investors a disappointing financial forecast.The utility suspended its quarterly dividend as it faces lawsuits over the devastating wildfires in Maui.
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Maui Alleges Hawaiian Electric Caused Lahaina WildfireCounty filed a lawsuit claiming negligence against the utility.
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Hawaiian Electric halts dividend to shore up cash position after Maui wildfiresHawaiian Electric Industries Inc. said late Thursday that it is suspending its dividend, starting in the third quarter, “to further increase its cash...
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Hawaiian Electric shares slide after Maui County sues for damages over deadly wildfiresThis is breaking news. Please check back for updates.
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Hawaiian electric stock plunges after Maui wildfire lawsuitsThe lawsuit went on to state that since the electric company failed to shut off its power during the 'dangerous fire conditions,' they caused deaths, injuries, destruction of properties, and many of Hawaii's historic sites.
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