Matson posts ‘solid’ year despite bad fourth quarter – Honolulu Star-Advertiser

Zennie Abraham / Zennie62
Zennie Abraham / Zennie62
Honolulu Star-Advertiser
Honolulu-based Matson said Tuesday expenses from a federal lawsuit over fuel surcharges and a molasses spill at Honolulu Harbor in September cost the company $11.7 million in the fourth quarter. The impact reduced profit for the October-December
Matson reports $7.3M net income in 4th quarter; molasses impact on future Daily Journal

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Source: Honolulu News Feed From Google News

About the Author

Zennie Abraham
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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