Horizon Lines HRZ
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UPDATE 1-Ship Finance to end vessel charter with Horizon Lines
April 10 (Reuters) - Ship Finance International Ltd said it agreed to terminate charter contracts with Horizon Lines for five vessels in return for a stake of the restructured company and a compensation of $40 million in notes.
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Horizon Lines to stop trans-Pacific container service
* Says FSX service termination will not impact domestic services
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TEXT-S&P: Horizon Lines Inc Rtg Lwrd To SD On Intrst Dfrl
-- On Aug. 15, 2011, Horizon Lines Inc. deferred the interest payment on its $330 million senior convertible notes due August 2012, exercising the 30-day grace period.
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UPDATE 1- Horizon Lines Q2 loss wider than expected
July 29 (Reuters) - Cargo shipper Horizon Lines Inc posted a wider-than-expected quarterly loss, hurt by higher fuel prices and low revenue from its newly started Chinese operations, and expects challenges to continue for the rest of the year.
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Horizon Lines ([[ HRZ ]] +7.5%) pops after reaching an agreement on Friday with bankers to amend its line of credit, giving continued access to liquidity despite violating loan covenants.
Horizon Lines ( HRZ +7.5% ) pops after reaching an agreement on Friday with bankers to amend its line of credit, giving continued access to liquidity despite violating loan covenants. Post your comment!
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Dividends in Danger? Hudson City Chops, Sysco Surprises and Others Receive Attention
David Van Knapp submits: This monthly series collects and summarizes SA members’ opinions about companies with dividends that may be in danger. Not all information for each company has been independently verified. Readers’ comments have been integrated and edited. If you wish to see the full ...
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UPDATE 1- Horizon Lines' reduced fine eases bankruptcy threat
April 28 (Reuters) - Horizon Lines said a federal court has reduced a criminal fine imposed on it for fixing shipping prices, easing concerns of a possible bankruptcy, sending the container shipping...
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Horizon Lines shares soar as threat of bankruptcy eases
April 28 (Reuters) - Horizon Lines shares soared 35 percent as at least one brokerage said the container shipping company will likely have a criminal fine reduced, easing concerns of a possible...
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7 Companies That Pay Dividends But Are Burdened With High Debt
Primostocks submits: Companies with high debt loads usually shouldn’t be paying dividends. That money could be better used to pay off debt. By paying dividends, the company is essentially borrowing money to pay its shareholders and sometimes at high rates of 6% or more. Let Tasty Baking ( TSTY ) be
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Horizon Lines to pay more on borrowings
(Reuters) - Horizon Lines LLC's lenders waived certain conditions on its credit agreement, but the cargo shipping and logistics firm will have to pay higher interest on its borrowings.