Horizon Lines Inc. (fka HRZL)

[hawkmd]

Since we all know that with HRZ the bad news get to the public really fast!, no news means "business as usual". By now the hedge funds and Institutionals following HRZ should have all the info about the May 21 payment. Tomorrow the market should see that Hrz made the payment(IMO) and the BK thread is over....... unless we get the "recap news"


"Horizon Lines Inc. (HRZ) last week said a federal court agreed to reduce the company’s fine related to a conspiracy to fix rates and surcharges for marine freight transportation over a six-year period, meaning the company was no longer at risk of a May 21 default."

http://gcaptain.com/horizon-lines-break-charter-payments?24905