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Stock Market & Financial Investment News

News Breaks
March 16, 2014
16:31 EDTMATXUncertainty, spill cleanup could cause sell-off of Matson shares, Barron's says
Matson's shares look expensive; however, a sell-off could occur due to the possibility that the shipping company may get hit with hefty costs to clean up its molasses spill in Honolulu Harbor, Barron's contends in a feature article. Reference Link
News For MATX From The Last 14 Days
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July 24, 2014
07:12 EDTMATXMatson price target raised to $36 from $32 at Stifel
After a trade publication reported that Matson (MATX) competitor Horizon Lines was in talks to sell its Puerto Rico business to a private company, Stifel thinks that Matson could acquire Horizon's Alaska business. The firm thinks that such a deal would provide a positive catalyst for Matson's stock. It keeps a Buy rating on the shares.

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