News Releases
News Releases
Month Year
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Month Year
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Jun 10, 2009
HONOLULU--(BUSINESS WIRE)--Jun. 10, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that Norbert M. Buelsing, president of A&B Properties, a subsidiary of Alexander & Baldwin, and...
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May 27, 2009Updated Plan Continues to Bring Kauai's "Living Garden" to Life
HONOLULU--(BUSINESS WIRE)--May. 27, 2009-- Alexander & Baldwin, Inc. (NYSE:ALEX) (“Company”) today announced that it has increased its ownership participation in its Kukui’ula venture,...
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May 7, 2009
OAKLAND, Calif.--(BUSINESS WIRE)--May. 7, 2009-- Matson Navigation Company has been honored with a 2008 Toyota Logistics Excellence award for outstanding achievement. This is the second...
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Apr 30, 2009Company Returns to ALEX Trading Symbol
HONOLULU--(BUSINESS WIRE)--Apr. 30, 2009-- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:AXB) today announced a second-quarter 2009 dividend of 31.5 cents per share, payable on June 4,...
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Apr 30, 2009Continues Cost Restructuring, Extends Shipping Presence and Expands Industrial Property Footprint
HONOLULU--(BUSINESS WIRE)--Apr. 30, 2009-- Alexander & Baldwin, Inc. (NYSE:AXB) today reported that net income for the first quarter of 2009 was $3.0 million, or $0.07 per diluted share. Net...
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Apr 8, 2009Live at 3 p.m. EDT, Friday, May 1, 2009
HONOLULU, Apr 08, 2009 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:AXB) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Mar 26, 2009Favorable Sales Create New Investment Opportunities
HONOLULU--(BUSINESS WIRE)--Mar. 26, 2009-- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:AXB) (“Company”), announced today that it has completed the sale...
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Mar 20, 2009
HONOLULU--(BUSINESS WIRE)--Mar. 20, 2009-- Alexander & Baldwin, Inc. (NYSE: AXB)(“Company”), today announced that it expects first quarter 2009 performance to be negatively impacted by...
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Mar 13, 2009Benjamin Takes on HC&S General Manager Duties
HONOLULU--(BUSINESS WIRE)--Mar. 13, 2009-- Alexander & Baldwin, Inc. (NYSE:AXB) (“Company”) today announced key organization changes in its agribusiness segment, which includes Hawaiian...
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Mar 4, 2009Extends Warehousing Reach with Two Tax-Advantaged Transactions, Portfolio Now Exceeds Eight Million Square Feet
HONOLULU, Mar 04, 2009 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: AXB)("Company"), announced today that it has acquired two commercial...
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Mar 2, 2009
OAKLAND, Calif., Mar 02, 2009 (BUSINESS WIRE) -- Matson Navigation Company announced today that it is expanding its presence in China to include the southern port of Xiamen in the company's China...
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Feb 13, 2009Hawaii Non-Profits Receive $1.7 Million, U.S. Mainland Charities $400,000
HONOLULU – February 10, 2009 – The Alexander & Baldwin Foundation donated $2.1 million in calendar year 2008 to non-profit organizations in Hawaii and on the U.S. Mainland. Alexander &...
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Feb 10, 2009Hawaii Non-Profits Receive $1.7 Million, U.S. Mainland Charities $400,000
HONOLULU February 10, 2009 The Alexander & Baldwin Foundation donated $2.1 million in calendar year 2008 to non-profit organizations in Hawaii and on the U.S. Mainland. Alexander & Baldwin,...
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Feb 4, 2009
HONOLULU--(BUSINESS WIRE)-- Alexander & Baldwin, Inc. (NYSE:AXB)(“Company”) announced today that it entered into an agreement in principle to extend its 2006 shelf agreement with Prudential...
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Feb 4, 2009Modest Full-Year Decline; Early Year Real Estate Sales Bolster Results
HONOLULU--(BUSINESS WIRE)-- Alexander & Baldwin, Inc. (NYSE:AXB) (“Company”) today reported that net income for the full year 2008 was $132.4 million, or $3.19 per diluted share. Net income...
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Jan 29, 2009
HONOLULU--(BUSINESS WIRE)-- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:AXB) today announced a first-quarter 2009 dividend of 31.5 cents per share, payable on March 5, 2009 to...
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Jan 20, 2009
HONOLULU--(BUSINESS WIRE)--Jan. 20, 2009--Alexander & Baldwin, Inc. (NYSE:AXB) ("Company") announced today an expansion of ongoing cost reduction initiatives in response to an expected continued...
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Jan 7, 2009
HONOLULU--(BUSINESS WIRE)--Jan. 7, 2009--Alexander & Baldwin, Inc. (NYSE:AXB) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors...
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Dec 11, 2008Centrally Located Industrial Facilities Offer Tenants Overnight Service to 98 Percent of California's Population
HONOLULU--(BUSINESS WIRE)--Dec. 11, 2008--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:AXB)("Company"), announced today that it has acquired the Midstate 99...
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Dec 1, 2008Favorable Sales Price Realized, Proceeds to be Used to Further Company's Reinvestment Strategy
HONOLULU, Dec 01, 2008 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE:AXB) ("Company"), announced today that it has sold Venture Oaks, a...
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Nov 25, 2008
OAKLAND, Calif., Nov 25, 2008 (BUSINESS WIRE) -- Matson Navigation Company announced today that it will raise its rates for the company's Hawaii service by $120 per westbound container and $60 per...
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Nov 25, 2008
OAKLAND, Calif., Nov 25, 2008 (BUSINESS WIRE) -- Matson Navigation Company announced today that it will raise its rates for the company's Guam/CNMI service by $120 per westbound and eastbound...
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Nov 7, 2008
HONOLULU, Nov 07, 2008 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NYSE:AXB) announced today that Christopher J. Benjamin, its senior vice president, chief financial officer and treasurer, will...
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Oct 24, 2008Nine Month Earnings up Year Over Year
HONOLULU--(BUSINESS WIRE)-- Alexander & Baldwin, Inc. (NYSE:AXB) today reported that net income for the third quarter of 2008 was $36.8 million, or $0.89 per fully diluted share. Net income in the...
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Oct 23, 2008
HONOLULU--(BUSINESS WIRE)-- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:AXB) today announced a fourth-quarter 2008 dividend of 31.5 cents per share, payable on December 4, 2008 to...
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Oct 7, 2008
HONOLULU--(BUSINESS WIRE)-- Alexander & Baldwin, Inc. (NYSE:AXB) will host a live webcast of its regular quarterly conference call with financial analysts and professional investors on Friday,...
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Oct 2, 2008
OAKLAND, Calif.--(BUSINESS WIRE)-- Matson has been honored for the sixth consecutive year with Logistics Management magazine's annual Quest for Quality award in the Ocean Carrier category. The...
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Oct 1, 2008A&B Has Arrived on the Big Board
HONOLULU--(BUSINESS WIRE)-- Alexander & Baldwin, Inc. (NYSE:AXB) announced today that trading of its shares began on the New York Stock Exchange ("NYSE") under the new ticker symbol "AXB"....
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Sep 25, 2008Logistics Facility Located Near Burgeoning Port of Houston, Extending Real Estate Investment Strategies
HONOLULU--(BUSINESS WIRE)--Sept. 25, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) ("A&B") announced today that it completed the acquisition of the Republic Distribution Center ("RDC"), a 313,000...
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Sep 10, 2008Retail Center Attracts Favorable Offer that Captures Underlying Value
HONOLULU--(BUSINESS WIRE)--Sept. 10, 2008--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), has sold Marina Shores Shopping Center -- a 67,730...
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Sep 4, 2008Company with Expanding Global Reach Partners with Premier Exchange
HONOLULU--(BUSINESS WIRE)--Sept. 4, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced its intent to transfer trading of its shares to the New York Stock Exchange ("NYSE") from the...
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Sep 2, 2008Expands Footprint by Nearly One Million Square Feet, Extends High-Value Service Slate
HONOLULU--(BUSINESS WIRE)--Sept. 2, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX)("A&B") announced today that its Matson Global Distribution Services subsidiary ("Matson Global") has completed the...
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Aug 28, 2008
HONOLULU--(BUSINESS WIRE)--Aug. 28, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) Chairman and CEO Allen Doane today announced a series of management changes that will provide added leadership...
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Aug 25, 2008Gemini Buys Boardwalk Shopping Center Near Austin, TX
HONOLULU--(BUSINESS WIRE)--Aug. 25, 2008--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), has sold Boardwalk Shopping Center - a 184,600 square-foot...
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Aug 1, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--Aug. 1, 2008--Matson Navigation Company has been recognized as a Laureate by the Computerworld Honors Program in the transportation category for its Integrated...
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Jul 25, 2008Core Operations Continue to Perform Well Despite Difficult Economic Conditions
HONOLULU--(BUSINESS WIRE)--July 25, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported that net income for the second quarter of 2008 was $29.6 million, or $0.71 per diluted share. Net...
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Jul 15, 2008
Honolulu, Hawaii: HR BioPetroleum, Alexander & Baldwin, Inc. (NASDAQ: ALEX), Hawaiian Electric Company and Maui Electric Company, subsidiaries of Hawaiian Electric Industries, Inc. (NYSE: HE),...
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Jun 30, 2008
HONOLULU--(BUSINESS WIRE)--June 30, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional...
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Jun 26, 2008
HONOLULU--(BUSINESS WIRE)--June 26, 2008--The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) announced a third-quarter 2008 dividend of 31.5 cents per share, payable on September 4,...
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Jun 13, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--June 13, 2008--With fuel related costs reaching historical highs, Matson Navigation Company announced today that it is raising its fuel surcharge for its Hawaii...
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May 20, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--May 20, 2008--Matson Navigation Company received the General Motors 2007 Supplier of the Year award for its significant contributions to GM's global product and...
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May 15, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--May 15, 2008--Matson Navigation Company has been honored with two 2007 Toyota Logistics Excellence awards, one for Marine Quality and the other for Outstanding...
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May 5, 2008
KAHULUI, Hawaii, May 05, 2008 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), has received final zoning approval for its planned...
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Apr 30, 2008Honolulu Condo Closings Spur Earnings, but Rising Fuel Costs and < Lower Volume Temper Transportation Results
HONOLULU--(BUSINESS WIRE)--April 30, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported that net income for the first quarter of 2008 was $42.1 million, or $1.01 per diluted share. Net...
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Apr 24, 2008Increase Follows 16% Bump in 2007, Annual Rate Now $1.26 per Share
HONOLULU--(BUSINESS WIRE)--April 24, 2008--The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced an 8.6 percent increase in its second-quarter 2008 dividend to 31.5...
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Apr 18, 2008
HONOLULU--(BUSINESS WIRE)--April 18, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) issued the statement below following announcements yesterday of a government investigation into the pricing...
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Apr 17, 2008Matson Global 3PL, A&B Properties' Expertise Key to Transactions
HONOLULU--(BUSINESS WIRE)--April 17, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) announced today that it completed the acquisition of the Savannah Logistics Center, a one million square foot...
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Apr 9, 2008
HONOLULU--(BUSINESS WIRE)--April 9, 2008--Alexander & Baldwin, Inc. (NASDAQ:ALEX) will host a live webcast of its regular quarterly conference call with financial analysts and professional...
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Mar 13, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--March 13, 2008--After a maritime career that spanned four decades, including 27 years with Matson Navigation Company, Gary North, senior vice president, Pacific...
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Mar 13, 2008
OAKLAND, Calif.--(BUSINESS WIRE)--March 13, 2008--Vic Angoco has been promoted to vice president, Matson Navigation Company, and will succeed Gary North as head of the company's operations in the...