Hawaii among 6 best states for retirement, study shows
Hawaii is one of the six best states for retirement, according to Bankrate.com, a Florida-based consumer financial services company. The other five states are Connecticut, Iowa, New Hampshire, Utah and Vermont. The company based its research on three main criteria: high life expectancy, low poverty and low crime.
Hawaii’s crime rate was 3,576.9 per 100,000 people, while the percentage of retirees living below poverty was 6.8 and life expectancy was 81.5 years.
For more information, go to www.bankrate.com/finance/retirement/best-states-for-retirement.aspx.
In an earlier study, Bankrate.com listed the 10 worst states in which to retire. They are Louisiana, Georgia, New Mexico, Texas, Arkansas, Tennessee, South Carolina, Mississippi, Alabama and Kentucky.
Barnwell Industries loses $1.4 million
Honolulu-based Barnwell Industries Inc. swung to a loss of $1.4 million in the April-to-June quarter from a profit of $802,000a year earlier, partly due to falling natural gas and oil prices that affected the company’s fossil fuel exploration business in Canada.
Barnwell’s earnings in the most recent quarter also were depressed by a $552,000 decline in sales receipts from its land investment operation, the company reported Wednesday. In addition, the prior-year quarter included an $821,000 higher benefit from a reduction in stock appreciation rights expense. No such benefit was booked in the recent quarter.
Natural gas prices declined 64 percent to $1.25 per 1,000 cubic feet last quarter from $3.52 per 1,000 cubic feet during the same period in 2011. Oil prices fell 20 percent during the same period, according to Barnwell.
Barnwell had a loss of 17 cents a share for the recent quarter compared with a gain of 10 cents a share a year ago.
Revenue rose 37.4 percent to $12.4 million from $9 million a year earlier. The revenue included $5,975,000 from the sale of one of two resort homes in Kona partly owned by Barnwell.
ON THE MOVE
Anthology Marketing Group has announced the following promotions:
» Karen Andersen to senior vice president from vice president/creative director for Anthology Digital.
» David Pettinger to senior account executive from account executive for McNeil Wilson Communications, public affairs.
» Steven Zane to account executive from assistance account executive for Laird Christianson Advertising.
Hawaii Human Resources has hired Carrie Perdue-Graham as its human resources manager. She will specialize in providing clients with support in training, safety and organizational development. She has more than 20 years of experience as a human resources professional in Hawaii.