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xanadu90

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xanadu90

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Friday, 10/26/2007 6:53:08 AM

Friday, October 26, 2007 6:53:08 AM

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ALEX $50.57 Alexander & Baldwin 3Q Earnings Soar
Friday October 26, 6:43 am ET
Alexander & Baldwin 3rd-Qtr Earnings Jump 76 Percent on Gains From Three Property Sales

HONOLULU (AP) -- Alexander & Baldwin Inc., which provides ocean transport and logistics services, said Friday its third-quarter earnings soared 76 percent on real estate segment strength driven by three property sales.

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The company earned $49.1 million, or $1.14 per share, compared with $27.9 million, or 65 cents per share, in the year-ago quarter.

Revenue rose 3 percent to $434.7 million, from $421.2 million in the prior-year period.

http://biz.yahoo.com/ap/071026/earns_alexander_baldwin.html?.v=1
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