Buffalo Wild Wings to open in Pearl City
Buffalo Wild Wings is opening at Pearl Highlands Center adjacent to Regal Cinema in the summer or early fall, brokerage firm Colliers International said Wednesday.
The company opened its first Hawaii location in 2009 at the Discovery Bay Shopping Center in Waikiki. The local franchisee of Minnesota-based Buffalo Wild Wings Inc. said it was eager to expand into a location catering more to the residential communities.
The restaurant will occupy about 6,500 square feet of space and have more than 60 HDTVs and big screens showing nonstop sports.
Buffalo Wild Wings has more than 840 locations throughout the United States and Canada.
Territorial ends third buyback program
The parent company of Territorial Savings Bank said Wednesday it has completed its third repurchase program by buying 552,000 shares of its common stock at an average price of $21.76 a share.
Territorial Bancorp Inc.’s stock closed Wednesday down 3 cents at $23.43 on the Nasdaq Stock Market. The announcement was made after the market closed.
CVS hands out grants worth $100,000
CVS Caremark Charitable Trust, a private foundation established by CVS Caremark Corp., has awarded "Innovations in Community Health" grants totaling $100,000 to two local community health centers.
Waimānalo Health Center received a $50,000 grant to support diabetes and hypertension care coordination, while West Hawaii Community Health Center on the Big Island won the same amount to support diabetes, hypertension and hyperlipidemia management.
The "Innovations in Community Health" grants, which total more than $1 million, have been awarded to 21 community health centers nationwide to support innovative, community-based programs that focus on the treatment and management of chronic illnesses, specifically heart disease, diabetes, hypertension and asthma.
Boeing to resume 787 deliveries in May
CHICAGO » Boeing reported a better-than-expected first-quarter profit even as it scrambled to fix its grounded 787.
The company said on Wednesday that deliveries of the 787 should resume in early May.
Most of the 50 planes that have been delivered to airlines will be fixed by the middle of the month, Chairman and CEO Jim McNerney said on the company’s quarterly earnings conference call.
Resuming deliveries and passenger flights would cap a notable turnaround for Boeing. The three-month grounding over battery problems frustrated airlines and turned a spotlight onto the way commercial planes are designed and regulated. Putting the problem behind it will let Boeing focus on building new versions of its best-selling 737 and 777.
Ford’s first-quarter profit up $1.6 billion
DEARBORN, Mich. » Ford Motor Co.’s first-quarter profit rose 15 percent to $1.6 billion thanks to record earnings in North America and strong sales in China. The automaker lost money again in Europe, although it sees some hints of improvement there.
Ford earned 40 cents per share, up from 35 cents in the same quarter a year ago. Without one-time charges, including restructuring costs in Europe, Ford would have earned 41 cents.
That beat Wall Street’s forecast of 37 cents, according to analysts polled by FactSet.
Ford earned $2.4 billion in North America, the highest quarterly total since the company began reporting results regionally in 2000.
Fed says redesigned $100 bill ready by fall
WASHINGTON » The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.
The Fed has set a new target date of Oct. 8. The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. The features are designed to thwart counterfeiters.
The revamped bill had been expected to go into circulation in February 2011. But in December 2010, officials announced an indefinite delay. They said they needed more time to fix production issues that left unwanted creases in many of the notes.
Maui resident wins 2013 Kia giveaway
Fatafehi Melekiola of Lahaina, Maui, won a 2013 Kia Soul the day after her birthday.
She was among five finalists in the Aloha Island Mart Aloha Kia Sweepstakes, and was the one who picked the winning key that started the five-door vehicle in the contest finale Saturday at Aloha Island Mart Kahala.
"I did absolutely nothing but pray and hope for this win," she said in a statement.
Other finalists included John Lozier from Kaneohe; Kaleo DeSantos from Waimanalo; Sasha Genovia from Kamuela, on Hawaii island; and Nenita Saguid from Lihue, Kauai.
Larry Adams, Aloha Petroleum director of sales and marketing, presided over the giveaway.
FICOH to inspect child car seats for free
First Insurance Co. of Hawaii will offer free child safety seat inspections for Hawaii drivers on the fourth Friday of every month for the rest of the year, beginning April 26.
The inspections will be performed by certified car seat technicians from FICOH’s claims and risk and safety management staff.
Drivers who want a free inspection can book a half-hour appointment online at www.ficoh.com/carseatsafety. Inspections will be conducted between 10 a.m. and noon at the First Insurance Center parking garage at the corner of Ward Avenue and Beretania Street.
Motor vehicle crashes are the leading cause of death of children ages 3 to 14, according to the National Highway Transportation Safety Administration. Four of five car seats used for infants and young children are installed incorrectly, according to the Center for Childhood Safety, regardless of the parents’ age, education or income.
ON THE MOVE
Big Brothers Big Sisters Hawaii has named KenLyn T.L. Yee the Big Sister of the Year for her exceptional and exemplary mentoring in the agency’s community-based program. Yee and her Little Sister, Loreal, have been matched for almost 11 years. The pair meet weekly to go to the beach, do homework, hike and watch movies.
ABC Stores has announced two promotions:
» Darin Nakasu to store manager of store No. 64 at 349 Royal Hawaiian Ave. He was previously an associate store manager as well as a management trainee for ABC Stores.
» Scott Richardson to store manager of store No. 76 in the Waikiki Beach Marriott Hotel, 2552 Kalakaua Ave. He was previously an associate store manager as well as an assistant store manager and a sales associate for ABC Stores.
