MATX News and Press, Matson Inc. From 01/19/22

MATSON ANNOUNCES PRELIMINARY 4Q21 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q21 EARNINGS CALL DATE - Expects 4Q21 operating income for Ocean Transportation to be $445.0 to $455.0 million - Expects 4Q21 operating income for Logistics to be $14.0 to $15.0 million - ...

Despite the supply chain challenges the shipping industry faced last year, President Biden’s deal with ports to remain active 24 hours a day may improve investors’ sentiment about the industry's prospects. Furthermore, measures taken by shipping companies to maximize their post-...

Industrial subsectors are overvalued by 18% to 53% relative to 11-year averages. Building/construction/equipment is the most overvalued, but has the best quality metrics. Focus on VIS, an alternative to XLI. A list of cheap stocks. For further details see: VIS: Indus...

A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...

Shipping container rates have risen substantially over the past 18 months and are likely to increase further as the holiday season approaches. Thus, we think popular shipping stocks ZIM Integrated Shipping Services (ZIM), Matson (MATX), Costamare (CMRE), and Danaos Corporation (DAC), which ha...

Matson To Attend Stephens Investment Conference PR Newswire HONOLULU , Nov. 23, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine , Executive Vice President and Chief Financial Officer, will present an overview of the Company ...

The Baltic Exchange's dry bulk sea freight index posts its fifth straight decline to its lowest since June 8, with rates falling for both capesize and panamax vessels. The Baltic Dry Index (BDIY: IND) closed -6.2%, following yesterday's 6.1% slide, to 2,430 points, with the capesize inde...

Shipping stocks sank across the board today after the Baltic Dry Index fell to its lowest level since early June. The Baltic Dry Index (BDIY:IND) closed -6.1% to 2,591 points, falling for a fourth day, with the capesize index plunging 9.8% to 3,383 and the panamax index sliding 6.1% to a six-...

Stocks love free money, and with the Fed tapering starting in December, it is likely that traders will hang on to the hope that the infrastructure bill’s money will start trickling into the economy quickly. I recently recommended shares of Matson Inc. (MATX), a Honolulu-based l...

All industrial subsectors are overvalued. Good quality metrics may partly justify it for some of them. Focus on VIS. A list of cheap stocks. For further details see: VIS: Industrials Dashboard For November