Surfer bitten by shark at Maui beach ADVERTISING Surfer bitten by shark at Maui beach WAILUKU, Maui (AP) — A 36-year-old man has been bitten by a shark while surfing in waters off the northern coast of Maui, according to
Surfer bitten by shark at Maui beach
WAILUKU, Maui (AP) — A 36-year-old man has been bitten by a shark while surfing in waters off the northern coast of Maui, according to officials.
The Paia man was taken to a hospital in serious condition after the Friday incident at Hookipa Beach Park. An update on his condition wasn’t immediately available.
Fire Services Chief Edward Taomoto said the man had been surfing about 50 yards from shore when he was attacked by a 5-foot reef shark. He was bitten in the left arm and left leg.
Other surfers came to the man’s aid and helped paddle him to shore.
The state Department of Land and Natural Resources reported that ocean conditions had been windy, choppy and murky at the time.
A 2-mile stretch of the beach was closed following the incident but swimmers were allowed to return Saturday after officials patrolled the area and found no sign of sharks.
Friday’s attack marks the sixth time this year someone has been injured by a shark on Maui and the second in a week. A 66-year-old snorkeler was the apparent victim of a shark attack on Oct. 14 off Charley Young Beach. The part-time Kihei resident from Washington state suffered severe injuries to her lower left leg and was hospitalized.
Earlier this month, state officials warned beachgoers to use extra caution through the end of year. They noted October accounts for the greatest number of Hawaii shark bites.
Officials say beachgoers should avoid murky water and areas near stream mouths to reduce the risk of a shark attack.
Bank of Hawaii tops 3Q profit forecasts
HONOLULU (AP) — Bank of Hawaii Corp. on Monday reported third-quarter net income of $43.5 million.
The bank, based in Honolulu, said it had earnings of $1.02 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The bank holding company posted revenue of $152 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $152.6 million.
Bank of Hawaii shares have climbed 18 percent since the beginning of the year. The stock has climbed 13 percent in the last 12 months.
Genworth shares fall after agreeing to Chinese buyout offer
NEW YORK (AP) — A Chinese holding company agreed to buy U.S. insurance company Genworth Financial for about $2.7 billion, sending shares of Genworth down sharply a day after the deal was announced.
The buyer, China Oceanwide Holdings Group Co., is based in Beijing and owns other financial services companies. It also has real estate investments in New York, California and Hawaii. China Oceanwide says it plans to keep Genworth operating separately out of its Richmond, Va., headquarters and doesn’t expect its day-to-day operations to change. Genworth sells mortgage insurance, as well as long-term insurance.
The deal is expected to close in the middle of next year.
Shares of Genworth Financial Inc. fell 42 cents, or 8 percent, to $4.79 in morning trading Monday.
