ALEX Stock Recent News

The authority in all things pickle created the summer's must-have pickleball bag with an NYC leather legend NEW YORK , July 9, 2024 /PRNewswire/ -- B&G Foods, in collaboration with Made by Alex, announced today the exciting launch of the B&G ® Pickleball Bag x Made by Alex, a pickleball bag designed for handbag, pickle and pickleball enthusiasts alike. The B&G ® brand, originally known as Bloch & Guggenheimer ® , originated in the streets of New York City in 1889, and its pickles, peppers, relishes, olives, sauerkraut and other specialty items have set the standard for New York taste for more than 135 years.

Alexander & Baldwin is a diversified REIT with heavy retail exposure, exclusively concentrated in Hawaii. An opportunistic land sale boosted Q1 2024 AFFO. Net operating income likewise increased 4.1% Y/Y. Net debt accounts for only 27% of enterprise value - perhaps an amount too low if we are at the bottom of the real estate cycle.

HONOLULU , May 28, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator and developer of high-quality commercial real estate in Hawai'i, today announced that its management team will participate in Nareit's REITweek: 2024 Investor Conference in New York. A&B will present an overview of its business and operations, followed by a question and answer session.

With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) performed even worse. 78.71% of REIT securities had a negative total return in April.

Dividend growth stocks can provide reliable cash flows and help to build long-term wealth for income investors. Every month we look at screening dividend stocks based on safety, growth, and consistency, which can help identify worthwhile investments. We look at a list of 25 of the top yielding based on these metrics, then take a brief look at the 5 of these top positions.

U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week.

Alexander & Baldwin, Inc. (NYSE:ALEX ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Jessica Welch - Senior Manager of Financial Reporting Lance Parker - CEO Clayton Chun - CFO Kit Millan - SVP, Asset Management Conference Call Participants Rob Stevenson - Janney Connor Mitchell - Piper Sandler & Co. Mitch Germain - Citizens JMP Brendan McCarthy - Sidoti Operator Good day, and welcome to the First Quarter 2024 Alexander & Baldwin Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday, April 25, 2024.

ASO, ALEX and AAGIY have been added to the Zacks Rank #5 (Strong Sell) List on April 23, 2024.

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and delayed cut expectations. Declining on all five trading sessions, the S&P 500 declined another 3.1% this week - its worst week since March 2023 - while high-flying technology stocks were hit particularly hard.

AFCG, AAGIY and ALEX have been added to the Zacks Rank #5 (Strong Sell) List on April 18, 2023.