News Releases
News Releases
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Feb 3, 2011Matson China Service and Hawaiian Commercial & Sugar Co. lead improved performance
HONOLULU, Feb 03, 2011 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for 2010 was $92.1 million, or $2.22 per diluted share. Net income for 2009 was $44.2...
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Jan 27, 2011
HONOLULU, Jan 27, 2011 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a first quarter 2011 dividend of 31.5 cents per share. The dividend is...
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Jan 13, 2011Live at 5 p.m. EST, Thursday, February 3, 2011
HONOLULU, Jan 13, 2011 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Dec 23, 2010Kauai Coffee® Teams up with Global Coffee Powerhouse
KALAHEO, KAUAI – (December 23, 2010) – Alexander & Baldwin, Inc. announced today that its subsidiary Kauai Coffee Company, Inc. has entered into an agreement with Massimo Zanetti Beverage,...
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Nov 29, 20101031 Proceeds Utilized to Purchase Prime Grocery- and Pharmacy-Anchored Center
HONOLULU, Nov 29, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), today announced that it has acquired Rancho Temecula Town Center...
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Nov 5, 2010
HONOLULU, Nov 05, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that two company executives will present an overview of the company's businesses at the Stephens...
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Nov 3, 2010Strong Rates and Volumes Continue for the China-Long Beach Express 1 (CLX1)
HONOLULU, Nov 03, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for the third quarter of 2010 was $25.7 million, or $0.62 per diluted share. Net...
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Oct 28, 2010
HONOLULU, Oct 28, 2010 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a fourth quarter 2010 dividend of 31.5 cents per share. The dividend is...
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Oct 22, 2010Effective Use of 1031 Proceeds; Center Located in Affluent Salt Lake City Suburb
HONOLULU, Oct 27, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), today announced that it has acquired Little Cottonwood Center, a...
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Oct 12, 2010
HONOLULU, Oct 12, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Oct 8, 2010
HONOLULU, Oct 08, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), today announced the sale of the Ontario Distribution Center, a...
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Sep 16, 2010Geographic Reach Extended to Hong Kong and Yantian
OAKLAND, Calif., Sep 16, 2010 (BUSINESS WIRE) -- Matson launched its expanded China - Long Beach Express service this week, with the first departures from Hong Kong and Yantian and a new second...
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Sep 13, 2010
OAKLAND, Calif., Sep 13, 2010 (BUSINESS WIRE) -- Matson has been honored for the eighth consecutive year with Logistics Management magazine's annual Quest for Quality award in the Ocean Carrier...
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Aug 20, 2010
HONOLULU, Aug 20, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that two company executives will present an overview of the company's businesses at the Jefferies...
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Jul 29, 2010Strong rates and volumes continue in the China trade lane
HONOLULU, Jul 29, 2010 (BUSINESS WIRE) --Alexander & Baldwin, Inc. (NYSE:ALEX) today reported net income for the second quarter of 2010 of $28.9 million, or $0.70 per diluted share, compared to...
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Jul 20, 201035-Acre Industrial Complex Expands Hawaii Portfolio
HONOLULU, Jul 20, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), announced today that it has acquired for $38 million the...
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Jul 13, 2010
HONOLULU, Jul 13, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Jul 1, 2010Well-Located Sites, Fully-Entitled for Residential and Commercial Development
HONOLULU, Jul 01, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), announced today that it has completed the acquisition of two...
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Jun 24, 2010
HONOLULU, Jun 24, 2010 (BUSINESS WIRE) --The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a third quarter 2010 dividend of 31.5 cents per share. The dividend is...
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May 18, 2010
HONOLULU, May 18, 2010 (BUSINESS WIRE) --A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX), announced today that it has completed the sale of the Valley...
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May 4, 2010
HONOLULU, May 04, 2010 (BUSINESS WIRE) --Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for the first quarter of 2010 was $17.3 million, or $0.42 per diluted share. Net...
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Apr 29, 2010
HONOLULU, Apr 29, 2010 (BUSINESS WIRE) --The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a second quarter 2010 dividend of 31.5 cents per share. The dividend is...
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Apr 19, 2010
HONOLULU, Apr 19, 2010 (BUSINESS WIRE) --Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Apr 12, 2010Acquires Favorably Priced, Well-Located Center with 1031 Proceeds
HONOLULU, Apr 12, 2010 (BUSINESS WIRE) --A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX) ("Company"), announced today that it has acquired Lanihau...
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Apr 7, 2010
PUUNENE, Hawaii, Apr 07, 2010 (BUSINESS WIRE) -- Hawaiian Commercial & Sugar Company (HC&S) today announced that it is at the center of significant new Hawaii-based research initiatives on...
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Feb 4, 2010
HONOLULU, Feb 04, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that Christopher J. Benjamin, senior vice president, chief financial officer and treasurer of...
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Feb 3, 2010Hawaii Non-Profits Received $1.1 Million, U.S. Mainland Charities $200,000
HONOLULU February 3, 2010 The Alexander & Baldwin Foundation donated $1.3 million to non-profit organizations in Hawaii and on the U.S. Mainland during the past year, concluding a decade of...
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Feb 3, 2010
HONOLULU, Feb 03, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for the full year 2009 was $44.2 million, or $1.08 per diluted share. Net income for...
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Jan 29, 2010Spike in Sugar Prices Influences Board's Decision
HONOLULU, Jan 29, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that the Company has decided to continue sugar operations at its Hawaiian Commercial & Sugar Company...
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Jan 28, 2010
HONOLULU, Jan 28, 2010 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a first-quarter 2010 dividend of 31.5 cents per share, unchanged from...
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Jan 25, 2010
HONOLULU, Jan 25, 2010 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc.(NYSE:ALEX) ("Company"), announced today that it has completed the sale of...
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Jan 13, 2010
HONOLULU, Jan 13, 2010 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Dec 11, 2009Active Property Management, Lease Extension Result in Advantageous Sale of Palm Desert Property
HONOLULU--(BUSINESS WIRE)--Dec. 11, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX) (“A&B”), announced today that it has completed the sale of the
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Nov 24, 2009
OAKLAND, Calif.--(BUSINESS WIRE)--Nov. 24, 2009-- Matson Navigation Company announced today that it will raise its rates for the company’s Hawaii service by $120 per westbound container and $60...
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Nov 9, 2009
HONOLULU--(BUSINESS WIRE)--Nov. 9, 2009-- Alexander & Baldwin, Inc. (NYSE: ALEX) announced today that Matthew J. Cox, president of Matson Navigation, a subsidiary of Alexander & Baldwin, and Kevin...
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Oct 29, 2009Earnings Benefit from Ocean Transportation Gains and Cost Cutting Initiatives
HONOLULU--(BUSINESS WIRE)--Oct. 29, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for the third quarter of 2009 was $8.5 million, or $0.21 per diluted share. Net...
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Oct 27, 2009Demand for Quality Properties Holds Strong, Strengthening Yen Bolsters Pricing
HONOLULU--(BUSINESS WIRE)--Oct. 27, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX) (“A&B”), announced today that it has completed the sale of the
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Oct 22, 2009
HONOLULU--(BUSINESS WIRE)--Oct. 22, 2009-- The Alexander & Baldwin, Inc. (NYSE:ALEX) (“A&B”) Board of Directors has appointed A&B President Stanley M. Kuriyama to the position of chief...
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Oct 22, 2009
HONOLULU--(BUSINESS WIRE)--Oct. 22, 2009-- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) today announced a fourth-quarter 2009 dividend of 31.5 cents per share, payable on...
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Oct 8, 2009
HONOLULU--(BUSINESS WIRE)--Oct. 8, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors on
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Sep 16, 2009Recent Lease Extension and Central Location Result in Favorable Price
HONOLULU--(BUSINESS WIRE)--Sep. 16, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX) (“A&B”), announced today that it has completed the sale of...
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Sep 14, 2009
OAKLAND, Calif.--(BUSINESS WIRE)--Sep. 14, 2009-- Matson Navigation Company has been honored by CIO magazine as a recipient of the 2009 CIO 100. The 22nd annual award program recognizes...
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Sep 8, 2009Effective Use of 1031 Proceeds Expands Hawaii Commercial Portfolio
HONOLULU, Sep 08, 2009 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX), announced today that it has acquired the Waipio Shopping...
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Sep 2, 2009
OAKLAND, Calif.--(BUSINESS WIRE)--Sep. 2, 2009-- Matson has been honored for the seventh consecutive year with Logistics Management magazine’s annual Quest for Quality award in the Ocean Carrier...
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Aug 31, 2009Extends Industrial Footprint in Southern California Submarket
HONOLULU--(BUSINESS WIRE)--Aug. 31, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX)(“Company”), announced today that it has acquired two 100%...
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Aug 26, 2009
OAKLAND, Calif.--(BUSINESS WIRE)--Aug. 26, 2009-- Matson Navigation Company Chairman James S. Andrasick is retiring from the company, effective September 1, 2009. Andrasick has been Matson’s...
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Jul 24, 2009Ocean Transportation Improvements, Favorable Income Property Sales and Cost-Cutting Initiatives Impact Earnings
HONOLULU--(BUSINESS WIRE)--Jul. 24, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) today reported that net income for the second quarter of 2009 was $12.6 million, or $0.31 per diluted share. Net...
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Jul 6, 2009
HONOLULU--(BUSINESS WIRE)--Jul. 6, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors on
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Jun 25, 2009
HONOLULU--(BUSINESS WIRE)--Jun. 25, 2009-- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) announced a third-quarter 2009 dividend of 31.5 cents per share, payable on September 3, 2009
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Jun 23, 2009Favorable Price Reflects Strong Property Management and Appreciation in Commercial Property Values in Hawaii
HONOLULU--(BUSINESS WIRE)--Jun. 23, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:ALEX) (“Company”), announced today that it has completed the sale of