BUSINESS BRIEFS
A&B to discuss quarterly results
Advertiser Staff and News Services
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Alexander & Baldwin Inc., the owner of Matson Navigation Co. and agricultural operations in Hawai'i, plans to release its quarterly financial results after the markets close on April 30.
The company will follow up on May 1 with a conference call discussing financial results.
Allen Doane, A&B's chairman and chief executive officer; Stanley M. Kuriyama, A&B's president; and other executives will speak with investors and financial analysts during the 9 a.m. call.
Parties listening via the Webcast will be in a "listen-only" mode. The call can be accessed on the home page in addition to the investor relations page of A&B's Web site at www.alexanderbaldwin.com. An archived replay will be available on the A&B site through May 8.
'IOLANI TEAMS WIN ECONOMICS EVENT
Two 'Iolani School teams defeated two Maryknoll School teams in the finals of a a high school economics challenge, winning the event for the fifth straight year.As winners of the 2009 Island Insurance Companies Economics Challenge, the students will represent the state at the Council for Economic Education/Goldman Sachs Foundation Western Regional Competition in Los Angeles on April 27.
The competition here featured 177 students from private and public high schools.
Winners for the "David Ricardo" division were 'Iolani students Bobby Huang, Matthew Lum, Mark Grozen Smith, Tyler Tokunaga and Andrew Wu.
The winners of the "Adam Smith" division were 'Iolani students Rayfe Gaspar Asaoka, Melody Lindsay, David Martorana, Uyanga Tsedev and Thanh Vu.
Winners of the regional competition will compete in the national finals next month in New York. 'Iolani has won the regional challenge the past four years.
SMALL-BUSINESS ENERGY COSTS HIGH
Hawai'i had the highest energy costs for small businesses in the nation, according to an index produced by the Small Business & Entrepreneurship Council, an Oakton, Va.-based business advocacy group.The report looked at costs for gasoline and electricity in each state and Washington, D.C. Hawai'i was second to Alaska in terms of gasoline, but outstripped other states by a wide margin when it came to electricity costs. Wyoming had the lowest energy cost.
The council said policymakers nationwide should look at making energy more affordable and abundant if they want to help small businesses survive the country's current economic turmoil.
