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Business Briefs

For Wednesday, November 9, 2011

By Star-Advertiser Staff and News Services

POSTED:


'Hawaii Five-0' ratings steady at 10 million viewers

"Hawaii Five-0" continued to hover at 10 million viewers for the third week in a row and delivered another ratings victory Monday in one of the show's key demographics, according to Nielsen numbers released Tuesday by CBS.

In its eighth episode of its sophomore season, "Five-0" finished second to ABC's "Castle," drawing 10.32 million viewers to its rival's 11.07 million viewers. Over on NBC a replacement program, the news magazine "Rock Center with Brian Williams," drew 3.46 million viewers. Among adults 18-49, "Five-0" drew 3.1 percent of the total viewing audience and 9 percent of those watching TV at the time. On the other side of the remote, "Castle" drew 2.4 percent of the total viewing audience and 8 percent of those watching TV.

Pacific Biodiesel wins Green Jobs Award

Maui-based Pacific Biodiesel was one of seven companies nationally to be recognized by the SJF Institute as a 2011 Green Jobs Award honoree.

The Green Jobs Award recognizes private businesses that contribute to both the economy and the environment. Applicants were judged on their contribution to environmental quality, the quality of their jobs and benefits, the diversity of employment opportunities and their level of community engagement.

In the past year Pacific Biodiesel's Hawaii operations have added 10 new staff positions. Also, construction of its Hawaii island biodiesel plant created 85 jobs.

"We are excited to be growing and supporting more and more families with jobs that are fulfilling, dynamic and making a difference in our community and nation," said Kelly King, Pacific Biodiesel vice president.

Fannie Mae seeks $7.8B as loss widens

WASHINGTON » Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to cover its losses in the July-September quarter.

The government-controlled company said Tuesday it lost $7.6 billion in the third quarter. Low mortgage rates reduced profits, and declining home prices caused more defaults on loans it had guaranteed.

Fannie has received $112.6 billion so far from the Treasury Department -- the most expensive bailout of a single company. The government rescued Fannie Mae and sibling company Freddie Mac in September 2008 to cover their losses on soured mortgage loans.

Fannie's July-September loss attributable to common shareholders works out to $1.32 per share. That compares with a loss of $3.5 billion, or 61 cents a share, in the third quarter of 2010.

Toyota's quarterly profit drops to $1 billion

TOKYO » Toyota said its quarterly profit slid 18.5 percent to $1 billion on plunging sales caused by parts shortages from the tsunami disaster in northeastern Japan and warned it faces a new challenge from flooding in Thailand.

Toyota Motor Corp. declined Tuesday to give a forecast for the full financial year ending March 2012, citing uncertainties stemming from the Thai floods, which have disrupted supplies of parts and prompted it to cut some car production. Japan's top automaker said vehicle sales plunged in the key markets of Japan and North America, but it was making up for some of the losses by strong sales in Asia, such as India and Indonesia. Toyota's quarterly sales fell nearly 5 percent from a year earlier to $58.7 billion.

ON THE MOVE

Cadinha & Co. has announced the following promotions and staff:

» Arthur J. Mallet was promoted to vice president of operations from office manager. Prior to Cadinha, he was with Bear Stearns and Co. in New York City as a senior analyst for funding, liquidity and capital management.

» Lei K. Yoshizu was named office manager. She has been with Cadinha & Co. for 23 years and was previously a trader for the firm.

» Matt W. Rodrigue rejoined the company as a head trader. He was previously an equity trader and agent for hedge funds and mutual funds at Iberia Capital Partners in his hometown of New Orleans. Prior to returning to New Orleans, he was a trader with Cadinha for two years.

***

Unlimited has been awarded a "Leadership in Energy and Environmental Design Gold" certification for its headquarters in Puhi. The organization received its first LEED Gold certification in Hawaii for an existing building.

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