A&B’s agribusiness sector recovers but shipping down – Mauinews.com | News, Sports, Jobs, Visitor’s Information – The Maui News

Although its agribusiness sector continued its recovery in the first quarter, Alexander & Baldwin’s usual profit center, Matson Navigation Co., lost money, and the company reported a thin profit of $5.2 million, or 12 cents per share, Tuesday. President Stanley Kuriyama said Matson couldn’t adjust its fuel surcharges fast enough to keep up with...

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Is Sugar Toxic?

On May 26, 2009, Robert Lustig gave a lecture called “Sugar: The Bitter Truth,” which was posted on YouTube the following July. Since then, it has been viewed well over 800,000 times, gaining new viewers at a rate of about 50,000 per month, fairly remarkable numbers for a 90-minute discussion of the nuances of...

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Alexander & Baldwin profits rise

Alexander & Baldwin Inc. earnings were about flat in the last three months of 2010, but bigger gains earlier in the year enabled the diversified Honolulu-based company to more than double its full-year profit. A&B reported 2010 net income of $92.1 million, up from $44.2 million the year before. Fourth-quarter net income was $20.2...

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Sweet Smell of Success

The rain came down. The price went up, and Hawaiian Commercial & Sugar Co. finished the year with a much improved crop. The final raw sugar shipment was loaded at Kahului Harbor’s Pier One on Wednesday and Thursday. The harvest was just shy of 172,000 tons, much better than the 127,000 tons in 2009,...

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