- Market growth continued in Hawaii, container volume up 3.8 percent YOY - Freight yields increased across major trade lanes - 3Q14 Revenue of $441.8 million, up 6.5 percent YOY
- Ocean transportation operating income of $42.6 million, up 67.1 percent YOY - 3Q14 Net Income of $21.5 million, EBITDA of $62.2 million - Diluted EPS of $0.50, up 25.0 percent YOY HONOLULU , Nov.
Sign-up for HRZL 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. -- HRZL investment picks
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.
Transaction value of $0.72 Per Common Share Plus Repayment of Debt Acquisition Accretive to Matson's Earnings and Cash Flow Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations
Matson Investor Conference Call Today at 5:00 PM Eastern Time HONOLULU , Nov.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.