7-Eleven plans three new stores
Advertiser Staff and News Services
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7-Eleven Hawaii Inc. said it plans to open three new stores during the next eight months in Makiki, Niu Valley and Kapahulu. All three will include gas pumps.
The Makiki store, planned for the site of the former Wisteria restaurant, is scheduled to open before the end of the year.
The Niu Valley store, to be built on the site of the former Union 76 gas station in the Niu Valley Shopping Center, is slated to open in the first quarter of 2006.
The Kapahulu store, planned for the site of the Union 76 station at the corner of Kapahulu Avenue and Castle Street, is also scheduled to open in the first quarter of next year.
7-Eleven Hawaii Inc. owns and operates 53 convenience stores throughout the state.
FIRST HAWAIIAN'S INCOME UP 17.4%
First Hawaiian Bank's net income grew 17.4 percent during the second quarter of 2005 on continued strength from its retail banking business.
The state's largest bank earned $41.4 million during the three months ending June 30, 2005, which was up from $35.3 million in the year-earlier period.
First Hawaiian, whose latest results were included in parent BancWest Corp.'s quarterly filing with the Securities and Exchange Commission last week, said its retail banking division earned $25.3 million during the latest quarter, up from $17.3 million last year. BancWest is a wholly owned subsidiary of Paris-based BNP Paribas.
VACCINE APPEARS EFFECTIVE IN TEST
'Aiea-based Hawaii Biotech yesterday announced that a third study of its West Nile vaccine protected 100 percent of test animals from illness and death after being exposed to the virus.
West Nile, a mosquito-borne disease that is harmful to humans and birds, was discovered on the Mainland in 1999. Clinical trials of Hawaii Biotech's West Nile vaccine are expected to begin next year.
Hawaii Biotech's genetically engineered vaccine represents a potentially safer alternative to live virus vaccines, the company said.
Correction: First Hawaiian Bank is the state's largest bank. A previous version of these briefs contained incorrect information.
