MATX News and Press, Matson Inc. From 01/12/24

2024-01-12 02:07:06 ET Crude prices are responding to the U.S. and British airstrikes in Houthi-controlled areas of Yemen, with West Texas Intermediate ( CL1:COM ) climbing 2.4% to $73.71/bbl early Friday. Shipping stocks will also be on watch during the premarket session as tension...

2024-01-10 06:54:47 ET Summary Spot rates for marine transportation have surged due to geopolitical concerns, which could boost profits for the shipping industry. A.P. Møller - Mærsk has been affected by attacks in the Red Sea, but has a strong financial condition, makin...

2024-01-10 05:43:05 ET Shipping rates continue to rise steeply, while vessels face weekslong delays on account of diversions from the Red Sea around the Horn of Africa to avoid attacks by Iran-backed Houthi rebels. The average shipping costs for 40-foot containers have nearly doubled si...

2024-01-09 19:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-05 08:48:56 ET More on A.P. Møller Mærsk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Mærsk Q3 2023 Earnings Call Transcript A.P. Møller Mærsk Q3 2023 Results - Earnings Call Presentation ...

2024-01-04 16:35:36 ET Summary First Trust SMID Cap Rising Dividend Achievers ETF holds 100 small and mid-cap stocks screened on dividend growth, earnings growth, and quality. The SDVY ETF has a well-diversified portfolio but is concentrated in financials and industrials. Sinc...

2024-01-03 20:15:50 ET More on ZIM Integrated Shipping ZIM Integrated Shipping: Fade The Houthi Induced Rally ZIM Integrated Shipping: War Fueled Short Squeeze - Will It Continue? ZIM Integrated Shipping: Solvency Is Key For Now For further details see: R...

2024-01-02 13:27:15 ET Summary Matson, Inc. has reported a decline in Q3'23 revenues and net income due to decreased operating cash flows. Matson's operational strategy and niche roles in the shipping industry contribute to its unique network and diversified cash flows. Despit...

2024-01-01 06:33:50 ET A.P. Moller-Maersk ( OTCPK:AMKBY ) has halted Red Sea shipping for 48 hours to size up the current security situation in a vital waterway responsible for a sixth of world trade. A U.S.-led naval task force, called Operation Prosperity Guardian, was formed with...

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...