BUSINESS BRIEFS
Gasoline prices won't change
Advertiser Staff and News Services
The maximum wholesale price for gasoline will remain unchanged at $2.18 a gallon Monday for regular on O'ahu, according to the state Public Utilities Commission.
That price excludes taxes and a retail markup. Hawai'i sets a ceiling on wholesale prices but does not regulate retail prices. State lawmakers are considering amending and repealing the controversial law.
BANK OPENING WAILEA BRANCH
First Hawaiian Bank will open a new branch at the Wailea Town Center on Maui on April 3.
The 2,000-square foot, full-service branch will be First Hawaiian's 57th in the Islands. The bank said yesterday that it will hold a grand opening celebration at the branch on Saturday.
BANCWEST ENDS SEC STATEMENTS
BancWest Corp., parent company of Bank of the West and First Hawaiian Bank, said the company will no longer file financial statements with the Securities and Exchange Commission.
Yesterday's 10-K annual filing on BancWest's business and financial condition was its last filing with the SEC, the company said. BancWest ceased to be a publicly traded company in December 2001 after BNP Paribas acquired all outstanding shares of its common stock.
BancWest continued as a voluntary reporter with the SEC, based upon outstanding trust preferred securities. Those securities have been redeemed.
GOOGLE TO SELL 5.3M SHARES
SAN FRANCISCO — Goo-gle Inc. plans to sell another 5.3 million shares of its prized stock, hoping to raise more than $2 billion to finance its ambitious plan to expand beyond its Internet-leading search engine.
