BUSINESS BRIEFS
$6.4M for HNL terminal project
Advertiser Staff and News Services
Honolulu International Airport will receive $6.4 million in federal funds to replace 13 passenger loading bridges at the international terminal, Sen. Daniel K. Inouye announced yesterday.
"The new loading bridges will enhance passenger safety, facilitate the boarding of disabled passengers, and better accommodate the increased number of passengers," Inouye said in a news release.
The Federal Aviation Administration will disburse the funds for the project.
S&P DOWN ON HECO
Standard & Poor's Ratings Services is lowering the long-term corporate debt and unsecured debt ratings on Hawaiian Electric Co. Inc. and two subsidiaries.
Standard & Poor's said it lowered the ratings to "BBB" from "BBB+" for the company and Hawaiian Electric Light Co. and Maui Electric Co.
It affirmed its "A-2" short-term corporate rating and said the outlook was stable.
The downgrade was in part "the result of sustained weak bondholder protection parameters," said S&P credit analyst Barbara Eiseman in a news release.
IMAGE, SOFTWARE FIRMS HOOK UP
Connect Imaging Inc., a Honolulu-based provider of picture archiving and communication systems, is forming a partnership with Swear-ingen Software Inc., a developer of radiology information systems.
"By continuing to focus on our respective strengths while strategically integrating our two products, we have created an unprecedented RIS /PACS product that provides the best of both worlds," said Randall Swearingen, chief executive of Houston-based Swearingen Software, which announced the partnership.
Connect Imaging's Web site says the company will maintain its corporate headquarters and software development in Hawai'i. Its products are designed for community hospitals and free-standing imaging centers.
