MATX 34.79 Matson Inc $MATX Hit a 52 week high of
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MATX Recent Posts: http://investorshangout.com/Matson-Inc-MATX-90043/
MATX Matson Inc Recent Headline News
HORIZON SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Matson
Business Wire - 1 hr 9 mins ago
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Horizon Lines, Inc. ("Horizon" (Other OTC: HRZL) concerning the sale to Matson, Inc. Under the terms of the agreement Horizon shareholders will only receive $0.72 in cash for each share owned, which is well below the 52-week high of $1.12 and at least one analyst's estimated value of $8 per share.
MATX: 34.35 (-0.86)
INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation into the Board of Directors of Horizon Lines, Inc. Regarding the Fairness of the Sale of the Company to Matson, Inc.
Business Wire - Wed Nov 12, 5:42PM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company" (OTC:HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE:MATX).
MATX: 34.35 (-0.86)
NYSE stocks posting largest volume increases
AP - Wed Nov 12, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
ZTS: 43.00 (+0.36), CODI: 17.14 (-0.03), CVO: 1.79 (-0.12), RYN: 26.23 (+0.13), EVDY: 14.10 (-0.45), TRUP: 6.69 (+0.19), MATX: 34.35 (-0.86), AGM: 31.26 (-1.54)
NYSE stocks posting largest percentage increases
AP - Wed Nov 12, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
AEO: 13.73 (-0.07), EVDY: 14.10 (-0.45), VSLR: 12.13 (-0.20), MTOR: 13.94 (+0.08), TWTR: 41.99 (-0.55), CRCM: 8.80 (-0.59), MATX: 34.35 (-0.86)
Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Horizon Lines, Inc. May Not Be In the Best Interests of Its Investors
PR Newswire - Wed Nov 12, 3:04PM CST
Wolf Popper LLP is investigating claims on behalf of investors in Horizon Lines, Inc. (OTC: HRZL), concerning the proposed acquisition of Horizon by Matson, Inc. (NYSE: MATX). Horizon shareholders seeking more information about this acquisition are advised to contact Carl Stine at (212) 759-4600 or cstine@wolfpopper.com.
MATX: 34.35 (-0.86)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 11:45AM CST
LTBR: 2.14 (+0.08), ASPS: 56.43 (-4.07), AETI: 5.97 (+0.22), PLUG: 4.11 (-0.13), MOC: 2.02 (+0.07), CRDS: 2.52 (-0.11), STKL: 12.41 (+0.26), BIOC: 3.46 (-0.38), CZR: 15.53 (+1.86), MATX: 34.35 (-0.86), NTIC: 20.78 (+0.03), SDPI: 5.15 (+0.19), RESN: 7.09 (+0.06), OREX: 5.96 (+0.12), FLL: 1.23 (-0.02), VGGL: 3.05 (-0.45), CGG: 8.75 (+0.16), SUSQ: 13.08 (-0.04), SINO: 1.80 (-0.01), ELMD: 2.01 (+0.07)
Matson skies after striking strategic deal
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 11:43AM CST
MATX: 34.35 (-0.86)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Horizon Lines, Inc. Concerning its Proposed Sale to Matson, Inc.
Business Wire - Wed Nov 12, 10:52AM CST
The Rosen Law Firm announces that it is investigating the Board of Directors of Horizon Lines, Inc. (OTC:HRZL) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Horizon Lines to maximize shareholder value before agreeing to be acquired by Matson, Inc. (NYSE: MATX).
MATX: 34.35 (-0.86)
Matson (MATX) Is Today's Strong On High Volume Stock
at The Street - Wed Nov 12, 9:03AM CST
Trade-Ideas LLC identified Matson (MATX) as a strong on high relative volume candidate
MATX: 34.35 (-0.86)
Hawaii shipping company buys Alaska business
By AUDREY McAVOY - AP - Tue Nov 11, 5:27PM CST
HONOLULU (AP) — The shipping company with the largest share of the Hawaii market said Tuesday it will buy the Alaska operations of its competitor.
MATX: 34.35 (-0.86)
Matson to acquire Horizon Lines' Alaska operations in $456M deal
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 5:19PM CST
MATX: 34.35 (-0.86)
After Hour Gainers / Losers
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 4:38PM CST
HEAR: 4.05 (+0.04), FOSL: 110.37 (-2.11), SUPN: 8.60 (+0.20), ESSA: 11.64 (+0.06), YDLE: 13.26 (+0.12), LVS: 63.07 (+1.50), GOL: 5.18 (+0.03), OPWR: 17.22 (-0.75), KKD: 20.10 (-0.05), MATX: 34.35 (-0.86)
Horizon Lines Terminating Puerto Rico Operations
PR Newswire - Tue Nov 11, 3:02PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon Lines" or the "Company" today announced that it would cease providing liner service between the U.S. and Puerto Rico by the end of 2014 due to continuing losses without the prospect of future profitability.
MATX: 34.35 (-0.86)
Horizon Lines To Be Acquired By Matson For $0.72 Per Share In Cash
PR Newswire - Tue Nov 11, 3:01PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon" today announced it has entered into definitive agreements with each of Matson Inc. (NYSE: MATX) ("Matson" and The Pasha Group ("Pasha" . Under the Matson agreement, Matson will acquire all outstanding shares of Horizon Lines for $0.72 per share in an all-cash transaction. The acquisition price represents a premium of approximately 89% over Horizon's closing stock price on November 10, 2014. The Matson agreement has been unanimously approved by Horizon's Board of Directors and Horizon shareholders representing 55% of the fully diluted equity, which also represents 41% of the outstanding voting common stock on November 11, 2014, have agreed to vote their shares in support of the transaction.
MATX: 34.35 (-0.86)
Matson To Acquire Horizon's Alaska Operations
PR Newswire - Tue Nov 11, 3:01PM CST
Matson, Inc. (NYSE: MATX) and Horizon Lines, Inc. (OTCQB: HRZL) today announced that they have entered into a definitive merger agreement pursuant to which Matson will acquire the stock of Horizon, which will include its Alaska operations and the assumption of all non-Hawaii business liabilities (the "Transaction" . Separately, Horizon today also announced that it has agreed to sell its Hawaii operations to The Pasha Group for $141.5 million (the "Hawaii Business Sale" and intends to shut down its Puerto Rico liner operations by the end of 2014.
MATX: 34.35 (-0.86)
Matson, Inc. Q3 2014 Earnings Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Mon Nov 10, 7:28AM CST
MATX: 34.35 (-0.86)
Matson tops Street 3Q forecasts
Automated Insights - Thu Nov 06, 5:54PM CST
HONOLULU (AP) _ Matson Inc. (MATX) on Thursday reported profit of $21.5 million in its third quarter.
MATX: 34.35 (-0.86)
Matson beats by $0.06, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 4:40PM CST
MATX: 34.35 (-0.86)
Matson (MATX) Q3 2014 Results - Earnings Call Webcast
SA Transcripts - at Seeking Alpha - Thu Nov 06, 3:25PM CST
MATX: 34.35 (-0.86)