AAX | Jotup

MATSON ANNOUNCES PRELIMINARY 4Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q23 EARNINGS CALL DATE

Retrieved on:

Thursday, January 18, 2024

CLX, Transport, Share repurchase, FEU, EPS, PIN, MATX, AAX, Rail transport by country, Matson, Inc.

Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively

Key Points:

Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively
Announces fourth quarter earnings call date on February 20, 2024
HONOLULU, Hawaii, Jan. 18, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings call will be held on February 20, 2024.
"Matson's Ocean Transportation and Logistics business segments performed well in the fourth quarter, capping off a solid year for both business segments" said Chairman and Chief Executive Officer Matt Cox.
The year-over-year volume declines in Hawaii and Alaska were primarily due to lower general demand and lower seafood volume, respectively.
(3)
During the fourth quarter of 2023, Matson repurchased approximately 0.5 million shares for a total cost of $47.9 million.

HTX Ventures Invests in Web3 Education Leader Academic Labs

Retrieved on:

Wednesday, December 20, 2023

Ecosystem, Motivation, HTX, AAX, Labs, Acquisition, Prevalence, Education, Non-fungible token, AI, Fraud, Teacher, MVP, NFT, Web 2.0, Learning, Kwek Leng Beng, Environment, Cryptocurrency

The foray into Academic Labs and its native cryptocurrency, $AAX, indicates HTX Ventures' expansion into the decentralized educational platforms.

Key Points:

The foray into Academic Labs and its native cryptocurrency, $AAX, indicates HTX Ventures' expansion into the decentralized educational platforms.
“Academic Labs has transformed the educational sector through the incorporation of Web3 and AI technology," remarked Edward, the Managing Partner of HTX Ventures.
Affirming HTX Ventures' belief, Academic Labs' blend of AI and Blockchain technologies is heralded as the archetype for next-generation online education platforms.
"The backing from HTX Ventures is a clear endorsement of the foresight and innovation inherent in the Academic Labs project," remarked Terry Tan, CEO of Academic Labs.

Academic Labs Breaks New Ground with $AAX Token Reveal

Retrieved on:

Tuesday, December 19, 2023

Crypto, Blockchain, Digital marketing, Learning, Business English, AAX, Alphabetical order, AI, Knowledge, TGE, ACAD, Intelligence, Kwek Leng Beng, Cryptocurrency

Terry Tan, CEO of Academic Labs, elaborated on the decision, indicating that the renaming reflects a strategic alignment with the platform's technological bedrock and long-term vision.

Key Points:

Terry Tan, CEO of Academic Labs, elaborated on the decision, indicating that the renaming reflects a strategic alignment with the platform's technological bedrock and long-term vision.
The $AAX token symbolizes the integration of "AI And Web3(X)"—the core technologies that form the backbone of the Academic Labs initiative.
As Academic Labs gears up for its Token Generation Event, the platform has begun seeding the market with high-quality educational videos on YouTube.
In a forward-looking statement, Kingston Kwek, the founder of Academic Labs, has endorsed Academic Labs' new token as a milestone in technology's role in advancing human potential.

VALR Appoints Ben Caselin as CMO to Spearhead Global Expansion

Retrieved on:

Thursday, December 14, 2023

Bitcoin, API, Entrepreneurship, South African rand, USDT, Fidelity Investments, CMO, AAX, Pantera Capital, Investment, Cryptocurrency, VARA, Hong Kong

South Africa | November 28, 2023 10:00 AM Eastern Standard Time

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South Africa | November 28, 2023 10:00 AM Eastern Standard Time
Following its success in becoming Africa’s largest crypto exchange by trade volume, VALR has appointed Ben Caselin as its Chief Marketing Officer (CMO) as part of the exchange's strategic plans for global expansion.
"VALR is thrilled to welcome Ben Caselin as our CMO," said Farzam Ehsani, Co-Founder and CEO of VALR.
Ben Caselin brings a wealth of experience to his role at VALR, previously holding executive positions with prominent exchanges, most notably in Hong Kong, with AAX, and the United Arab Emirates.
"VALR stands out as a values-driven company with an unwavering commitment to integrity, quality and security, unlike anything I've seen before," said Ben Caselin.

MATSON ANNOUNCES PRELIMINARY 3Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 3Q23 EARNINGS CALL DATE

Retrieved on:

Monday, October 23, 2023

Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively

Key Points:

Expects 3Q23 net income and diluted EPS to be $114.0 to $120.5 million and $3.23 to $3.41, respectively
Announces third quarter earnings call date on October 30, 2023
HONOLULU, Oct. 23, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on October 30, 2023.
The year-over-year volume declines in Guam and Alaska were primarily driven by lower general demand and lower seafood volume, respectively.
(3)
During the third quarter of 2023, Matson repurchased approximately 0.3 million shares for a total cost of $25.8 million.
A replay of the conference call will be available approximately two hours after the event by accessing the webcast link at www.matson.com, under Investors.

Hong Kong Licensed Virtual Asset Association Statement on JPEX Incident

Retrieved on:

Tuesday, October 3, 2023

Policy, Growth, Ecosystem, Environment, Education, Attention, FTX, AAX, Cryptocurrency, Web3

HONG KONG, Oct 3, 2023 - (ACN Newswire) - The recent JPEX incident, which has attracted a lot of attention from the Hong Kong and international media, serves as a timely reminder of the importance of establishing a robust and supportive regulatory environment that promotes the development of a healthy virtual asset and Web3 ecosystem to ensure the integrity of virtual asset platforms and protect the interests of market players and the investing public alike.

Key Points:

HONG KONG, Oct 3, 2023 - (ACN Newswire) - The recent JPEX incident, which has attracted a lot of attention from the Hong Kong and international media, serves as a timely reminder of the importance of establishing a robust and supportive regulatory environment that promotes the development of a healthy virtual asset and Web3 ecosystem to ensure the integrity of virtual asset platforms and protect the interests of market players and the investing public alike.
Like the previous Gatecoin, AAX and FTX episodes, the JPEX incident has once again brought to the limelight the risks posed by unregulated (or under-regulated) virtual asset platforms, including potential fraudulent practices, underscoring the need for rigorous regulatory supervision, transparency, and public education.
In the emerging landscape of virtual assets and Web3 economy, it is crucial to strike a balance between innovation and regulation.
Whilst JPEX incident has demonstrated once again the risks and consequences of improper or even fraudulent practices of unregulated virtual asset platforms, this should not affect our city's overall roadmap for virtual asset and Web3 ecosystem development.

MATSON, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS

Retrieved on:

Tuesday, August 1, 2023

Consolidated revenue for the second quarter 2023 was $773.4 million compared with $1,261.1 million for the second quarter 2022.

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Consolidated revenue for the second quarter 2023 was $773.4 million compared with $1,261.1 million for the second quarter 2022.
"We expect Matson's consolidated operating income in the third quarter of 2023 to be higher than the level achieved in the second quarter.
The contribution in the second quarter 2023 from the Company's SSAT joint venture investment was $(1.4) million, or $26.1 million lower than the second quarter 2022.
Logistics: In the second quarter 2023, operating income for the Company's Logistics segment was $14.3 million, or $8.8 million lower compared to the level achieved in the second quarter 2022.

MATSON, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS

Retrieved on:

Thursday, May 4, 2023

Consolidated revenue for the first quarter 2023 was $704.8 million compared with $1,165.5 million for the first quarter 2022.

Key Points:

Consolidated revenue for the first quarter 2023 was $704.8 million compared with $1,165.5 million for the first quarter 2022.
"We expect Matson's consolidated operating income in the second quarter of 2023 to be higher than the first quarter.
The contribution in the first quarter 2023 from the Company's SSAT joint venture investment was $(1.8) million, or $35.8 million lower than the first quarter 2022.
Logistics: In the first quarter 2023, operating income for the Company's Logistics segment was $10.9 million, or $5.5 million lower compared to the level achieved in the first quarter 2022.

MATSON ANNOUNCES PRELIMINARY 1Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 1Q23 EARNINGS CALL DATE

Retrieved on:

Wednesday, April 19, 2023

Expects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectively

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Expects 1Q23 net income and diluted EPS to be $29.3 to $33.8 million and $0.81 to $0.93, respectively
Announces first quarter earnings call date on May 4, 2023
HONOLULU, April 19, 2023 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call will be held on May 4, 2023.
During the first quarter, retail customers continued to conservatively manage inventories amid weakening consumer demand, increasing interest rates and economic uncertainty.
The year-over-year volume declines in Guam and Alaska were primarily driven by lower retail-related demand and lower seafood volume, respectively.
As a result, Matson expects first quarter operating income for Ocean Transportation of $23.0 to $28.0 million and Logistics operating income of $10.0 to $11.0 million.

Crypto is up over 30% so far in 2023. Has a new bull market started?

Retrieved on:

Wednesday, February 1, 2023

BRATISLAVA, Slovakia, Feb. 1, 2023 /PRNewswire-PRWeb/ -- After a tumultuous 2022, when crypto market shrunk by two thirds, it is off to a roaring start in 2023. Crypto bear market of 2022 could be over. During 2022, crypto markets absorbed lots of tough blows following the LUNA and FTX fallout and the rising interest rates globally, led by the FED. Several crypto exchanges, brokers, investment funds and miners went insolvent during this last crypto winter including FTX, AAX, Voyager, 3AC, Celsius Network and BlockFi. These bankruptcies further exacerbated the down spiral in prices and sentiment. Beginning in 2023, the value of the cryptocurrency market was $800 billion, down from $2.2 trillion in January of last year.

Key Points:

Richard Fetyko, CEO of crypto analytics platform altFINS, believes that 2022 marked the end of the crypto bear market.
With central banks slowing and pausing their rate increases in 2023, valuations of risk assets such as crypto should benefit.
BRATISLAVA, Slovakia, Feb. 1, 2023 /PRNewswire-PRWeb/ -- After a tumultuous 2022, when crypto market shrunk by two thirds, it is off to a roaring start in 2023.
Several crypto exchanges, brokers, investment funds and miners went insolvent during this last crypto winter including FTX, AAX, Voyager, 3AC, Celsius Network and BlockFi.