To The Moon

A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's first quarter results.The conference call will be broadcast live along with an additional slide presentation on the Company's website at www.matson.com, under Investors.Founded in 1882, Matson is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from ports in Alaska to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-o

Fitch Ratings has changed Xiaomi's outlook to positive from stable while affirming its long-term foreign and local currency issuer default ratings at BBB, Fitch Ratings said in a Wednesday release.The rating actions reflect the consumer electronics company's robust free cash flow, expanding internet of things segment, and an increased smartphone market share.Moreover, the company's electric vehicle expansion has strengthened its brand awareness, according to Fitch.However, the EV investments continue to have medium-term risks, with the segment expected not to make a profit for a number of years due to tight competition and high research and development (R&D) and capital expenditure needs, Fitch said.The rating agency expects the company's free cash flow to exceed 15 billion yuan annually in the next three years, above the historical average.Meanwhile, Fitch expects the company's profitability to be supported by higher-margin products and increased advertising revenue.Xiaomi's divers