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Matson CEO labels firm's profit as 'OK'

An earnings report, the company's first since splitting from A&B, shows a drop

By Andrew Gomes

POSTED: 01:30 a.m. HST, Aug 03, 2012

~~<p>Matson Inc. reported its first profit as an independent company Thursday, and CEO Matt Cox characterized it as &quot;OK.&quot;</p>
<p>Cox told stock analysts in a conference call that business on China and Guam routes improved, compensating for a decline in Hawaii shipping that represents the core of the company's business.</p>
~~

Matson Inc. reported its first profit as an independent company Thursday, and CEO Matt Cox characterized it as "OK."

Cox told stock analysts in a conference call that business on China and Guam routes improved, compensating for a decline in Hawaii shipping that represents the core of the company's business. Login for more...



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