Maui real estate company posts 2Q profit ADVERTISING Maui real estate company posts 2Q profit LAHAINA, Maui (AP) — Maui Land &Pineapple Co. on Wednesday reported second-quarter net income of $13.4 million, after reporting a loss in the same period
Maui real estate company posts 2Q profit
LAHAINA, Maui (AP) — Maui Land &Pineapple Co. on Wednesday reported second-quarter net income of $13.4 million, after reporting a loss in the same period a year before.
On a per-share basis, the Lahaina-based company said it had net income of 71 cents.
The real estate company posted revenue of $18 million in the period.
Maui Land &Pineapple shares climbed 16 percent since the beginning of the year. The stock increased 22 percent in the last 12 months.
Supreme Court dismisses inmate’s escape charge
HONOLULU (AP) — The state Supreme Court ruled that a Honolulu prisoner serving a five-year sentence on an escape charge should be set free.
Eugene Paris, 52, was convicted of escape after missing a scheduled check-in at the prison as part of his agreement in a work furlough program in 2012. The program allowed him to sleep at his parents’ house and work in the community, as long as he reported to the prison at scheduled times.
The high court on Monday agreed with Paris’ attorney, Marcus Landsberg, who argued his client’s failure to check in at the prison shouldn’t be considered escape because he wasn’t technically in prison custody.
It remains unclear when Paris will be released.
4 pounds of meth, coloring books mailed to Hawaii
HONOLULU (AP) — Authorities intercepted a package mailed from California to Hawaii containing more than 4 pounds of crystal methamphetamine and four children’s coloring books.
The package led to the arrests of three men and the seizure of more than $500,000.
A federal judge Wednesday ordered one of the defendants, William Notyce, detained without bail.
According to court documents, a U.S. Postal Service inspector last week located a suspicious package being mailed from Redwood City, Calif., to a Honolulu post office box. Authorities removed the drugs, replaced it with pseudo meth, repackaged it with the coloring books and installed a tracking device.
Notyce went to the post office and saw that the package arrived, but left without picking it up, documents said. The next day, Keith Matsuda picked up the parcel and gave it to Chaes Yanagihara, who drove it to an apartment building.
Notyce was the one who opened the package in an apartment and gave instructions to the others about it, Assistant U.S. Attorney Marion Percell said.
Inside the unit, authorities found $552,000 in cash, she said.
A detention hearing is scheduled Monday for Yanagihara. Matsuda was previously released on bail.
