Board Elections, Rate Increases, Upcoming Events, Leadership Changes, and Regulatory Approvals - Analyst Notes on FedEx, UPS, Bristow Group, Matson, and Macquarie
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NEW YORK, March 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding FedEx Corporation (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS), Bristow Group Inc.(NYSE:BRS), Matson, Inc. (NYSE:MATX), and Macquarie Infrastructure Company LLC (NYSE:MIC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
FedEx Corporation Analyst Notes
On March 11, 2014, FedEx Corporation (FedEx) announced that the Board of Directors has elected Marvin R. Ellison as director. "We welcome Marvin to our Board of Directors. His operations and logistics expertise, together with his years of executive leadership, will add significant value to our Board," said Frederick W. Smith, Chairman, President and CEO of FedEx. Ellison earned a Business Administration Degree in Marketing from the University of Memphis and a Master of Business Administration from Emory University. FedEx further informed that he has been appointed as member of the Board's Compensation Committee. The full analyst notes on FedEx Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03212014/FDX/report.pdf
United Parcel Service, Inc. Analyst Notes
On March 14, 2014, United Parcel Service, Inc. (UPS) announced a general rate increase of 4.4%. According to the Company, the increase will take effect on March 31, 2014. UPS stated that the increase will apply to non-contractual less-than-truckload (LTL) shipments rated on the current UPS Freight tariffs, including 525, 560, 570 and 571. UPS further confirmed that it also applies to all offshore rates and charges and accessorials listed in the UPS Freight 102 Series Rules Tariff. The full analyst notes on United Parcel Service, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/UPS/report.pdf
Bristow Group Inc.Analyst Notes
On March 11, 2014, Bristow Group Inc. (Bristow Group) announced its participation at the upcoming Howard Weil 42nd Annual Energy Conference in New Orleans, scheduled to be held on March 23-27, 2014.Bristow Group Senior Vice President and CFO, Jonathan Baliff, is set to present on Tuesday, March 25, 2014, at 2:55 p.m. CT/3:55 p.m. ET. Interested parties may access the accompanying slides, which will be available in the Investors Relations section of the Company's website. The full analyst notes on Bristow Group Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/BRS/report.pdf
Matson, Inc. Analyst Notes
On February 28, 2014, Matson, Inc. (Matson) announced the retirement if Kevin O'Rourke from the position of Senior Vice President and Chief Legal Officer, after 21 years of servicewith the Company. O'Rourke joined Matson in 1992 as Vice President and General Counsel, and was promoted to Senior Vice President in 1995. O'Rourke will be succeeded by Peter Heilmann, who has been promoted to Senior Vice President and Chief Legal Officer.Heilmann joined Matson in 2012 as Vice President and Deputy General Counsel with responsibilities of managing a number of major legal matters for the Company in the past two years, and has handled all aspects of SEC and NYSE responsibilities for Matson, which were new to the organization. Commenting on the news, Matt Cox, President and CEO of Matson, remarked, "Kevin O'Rourke has had a long, distinguished career in the maritime industry. He has provided Matson with exceptional legal counsel over the past two decades and is highly respected by the Company's senior management team, employees and industry peers. We're very appreciative of the outstanding contributions he's made to Matson's course of business during his career.In the past two years, Peter Heilmann has demonstrated his capabilities in managing and directing a number of high profile legal matters.We are pleased to have him on our team.I am confident he will prove to be a strong successor to Kevin O'Rourke."The full analyst notes on Matson, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/MATX/report.pdf
Macquarie Infrastructure Company LLC Analyst Notes
On March 11, 2014, Macquarie Infrastructure Company LLC (Macquarie Infrastructure) reported that it has received approval from the Hawaii Public Utilities Commission (HPUC) for its Hawaii Gas business to land containerized liquefied natural gas (LNG) in Hawaii, in a decision dated March 6, 2014. Hawaii Gas is currently the only company in Hawaii approved to introduce LNG into the state."Our Hawaii Gas business has been diligently pursuing its LNG strategy for the past few years," said James Hooke, CEO of MacquarieInfrastructure. "We're pleased with the decision of the HPUC and look forward to having Hawaii Gas bring a relatively lower cost, clean-burning energy source to Hawaii." According to the Company, Hawaii Gas intends to ship LNG from the West Coast to Oahu via ISO containers. The LNG will be used as a backup fuel source for its synthetic natural gas operations on Oahu, which will lead to increase in the reliability of its fuel supply to residential and commercial customers. The full analyst notes on Macquarie Infrastructure Company LLC are available to download free of charge at:
http://www.AnalystsReview.com/03212014/MIC/report.pdf
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