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Alexander & Baldwin Inc (ALEX.K)

ALEX.K on New York Consolidated

44.84USD
22 Nov 2017
Change (% chg)

$-0.03 (-0.07%)
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$44.87
Open
$44.90
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$45.08
Day's Low
$44.45
Volume
338,260
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299,535
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$46.96
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Latest Key Developments (Source: Significant Developments)

Alexander & Baldwin announces sale of Midstate 99 Distribution Center
Tuesday, 21 Nov 2017 04:16pm EST 

Nov 21 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin announces sale of Midstate 99 Distribution Center.Alexander & Baldwin Inc - ‍announced sale of Midstate 99 Distribution Center, an industrial facility in Visalia, for $33.4 million​.  Full Article

Alexander & Baldwin declares $783 mln special distribution
Thursday, 16 Nov 2017 04:24pm EST 

Nov 16 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin declares $783 million special distribution.‍Board declared a special distribution on its common stock in an aggregate amount of $783 million, or about $15.92 per share​.  Full Article

Alexander & Baldwin posts Q3 EPS of $0.15 from cont. ops
Tuesday, 7 Nov 2017 04:01pm EST 

Nov 7 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin reports third quarter 2017 financial results.Q3 revenue $111.5 million versus $102.9 million.Q3 earnings per share $0.15 from continuing operations.  Full Article

Alexander & Baldwin says ‍ULTA Beauty will open its first 2 stores in Hawaii
Friday, 3 Nov 2017 08:00am EDT 

Nov 3 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin - ‍ULTA Beauty to open its first 2 stores in Hawaii; stores expected to open in summer or fall of 2018​.  Full Article

Alexander & Baldwin reports $50.0 mln, 4.04 pct fixed rate financing maturing 2026
Thursday, 12 Oct 2017 09:00am EDT 

Oct 12 (Reuters) - Alexander & Baldwin Inc ::Alexander & Baldwin announces $50.0 million, 4.04 pct fixed rate financing maturing 2026.Alexander & Baldwin Inc - ‍ under commitment, co will draw $50 million on November 21, 2017 and will use proceeds to pay down its revolving line of credit​.Alexander & Baldwin Inc - co will use proceeds from agreement to pay down its revolving line of credit​.  Full Article

Alexander & Baldwin closes on credit facility amendments
Tuesday, 19 Sep 2017 04:12pm EDT 

Sept 19 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin closes on credit facility amendments.Alexander & Baldwin Inc - ‍Company amended its revolving credit facility principally to increase revolving credit commitment by $100 million to $450 million​.Alexander & Baldwin Inc - ‍Company amended its revolving credit facility principally extend term of facility to September 15, 2022​.  Full Article

Alexander & Baldwin sets quarterly dividend of $0.07 per share
Tuesday, 25 Jul 2017 09:00pm EDT 

July 25 (Reuters) - Alexander & Baldwin Inc :Sets quarterly dividend of $0.07 per share.  Full Article

Alexander & Baldwin says on July 10, co entered into an agreement and plan of merger with Alexander & Baldwin REIT Holdings and units
Wednesday, 12 Jul 2017 05:19pm EDT 

July 12 (Reuters) - Alexander & Baldwin Inc :Alexander & Baldwin Inc - On July 10, 2017 co entered into an agreement and plan of merger with Alexander & Baldwin Reit Holdings, Inc, units.Alexander & Baldwin - As result of deal, A&B REIT Holdings to replace A&B as Hawaii-based, publicly held corp through which co's operations are conducted.Alexander & Baldwin - Following merger, A&B will convert to hawaii limited liability company, A&B REIT Holdings will be renamed 'alexander & Baldwin, Inc.'.Alexander & Baldwin Inc - Merger is being undertaken in connection with company's previously announced conversion to a real estate investment trust.  Full Article

Alexander & Baldwin sees no change to FY 2017 same-store NOI forecast
Tuesday, 11 Jul 2017 07:26am EDT 

July 11 (Reuters) - Alexander & Baldwin Inc ::Alexander & Baldwin Inc sees no change to full-year 2017 same-store noi guidance of 3 percent -4 percent increase - sec filing.Alexander & Baldwin Inc - 2017 earnings will be affected by reit conversion costs.Alexander & Baldwin - remaining reit conversion, related cost expected to be incurred in 2017 are $2 million in q2; $6 million - 8 million in Q3; $2 million -4 million in Q4.Alexander & Baldwin Inc sees for Q2 2017, minimal operating profit contribution from land operations segment and strong CRE performance.Alexander & Baldwin Inc - expect to resume quarterly declaration and payment of dividends entirely in cash beginning in 2019.Alexander & Baldwin-to distribute accumulated e&p attributable to non-reit years, portion of reit taxable income for 201, 2018 in one-time, special distribution.Alexander & Baldwin Inc - special distribution expected to be $775 million to $875 million.  Full Article

Alexander & Baldwin acquires 5 buildings at Honokohau industrial park in Kailua-Kona
Tuesday, 6 Jun 2017 05:30pm EDT 

June 6 (Reuters) - Alexander & Baldwin Inc ::Alexander & Baldwin Inc - deal for $10 million.Alexander & Baldwin acquires five buildings at Honokohau industrial park in Kailua-Kona.Alexander & Baldwin Inc - purchase was largely financed with sales proceeds from non-income producing properties.  Full Article