latest news releases from the newsroom
GulfMark Offshore, Inc.
GulfMark Offshore Reports Record 4th Quarter 2005 Results
HOUSTON, March 8, 2006 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced net income of $8.2 million, or $0.39 per diluted share on revenue of $51.6 million for the quarter ended December 31, 2005. This compares to net income of $8.9 million, or $0.44 per share (diluted) on revenue of $41.4 million for the fourth quarter of 2004. The fourth quarter 2004 results include an income tax benefit of $4.8 million, or $0.24 per diluted share resulting mainly from the release of deferred tax liabilities related to a tax audit.
The Pomerantz Firm Charges Chicago Bridge & Iron Company With Securities Fraud -- CBI
NEW YORK, March 8, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit in the United States District Court for the Southern District of New York, against Chicago Bridge & Iron Company N.V. ("CB&I" or the "Company") (NYSE:CBI) and certain of its officers, on behalf of purchasers of the common stock of the Company during the period from March 9, 2005 to February 15, 2006, inclusive (the "Class Period"). The complaint alleges violations of Section 20(a) and Section 10(b) of The Exchange Act and Rule 10b-5.
Dow Jones Indexes
Component Change Made to Dow Jones EPAC Select Dividend Index
NEW YORK, March 8, 2006 (PRIMEZONE) -- Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones EPAC Select Dividend Index, which measures the stock performance of the top 100 yield dividend paying companies in developed markets in Europe, Pacific, Asia and Canada.
Eternal Energy Corp.
Eternal Energy Corp. Raises $1.6 Million in First Closing of Private Placement
LITTLETON, Colo., March 8, 2006 (PRIMEZONE) -- Eternal Energy Corp. (OTCBB:EERG) announced that it raised approximately $1,605,000 of financing in the first closing of a private placement from issuance of its common stock and warrants to purchase common stock to accredited investors. The first closing occurred on March 2, 2006. In connection with the first closing, Eternal Energy issued 3,210,000 units of common stock and common stock purchase warrants, with each unit consisting of one share of its common stock and warrant to purchase one share of its common stock, at a per unit purchase price of $0.50. The warrants have an exercise period of two years and an exercise price of $1.00 per share. The warrants will be exercisable in cash, representing potential additional proceeds of $3,210,000, assuming the warrants are fully exercised in cash. The warrants also provide for cashless exercise under certain circumstances. Eternal Energy expects that additional units may be sold in subsequent closings of the private placement through March 17, 2006.
MEDirect Latino, Inc.
MEDirect Latino Inc. Achieves Record Revenue Results in February
PLANTATION, Fla., March 8, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced record results for February 2006 in gross billings, new patient shipments and call volume. MEDirect Latino reports gross billings of $906,936 during the month, a 12.67% increase over January's billings of $804,949. The Company's gross product profit margins remained unchanged at 78%. Total new patient shipments for February numbered 3,672, an increase of 15.25% over January's shipments of 3,186. The Company's 'patient hold journal' (approved and pending shipment for regulatory processing), closed the month with 4,447 additional customers, an increase of 8% over January 4,106, approved and pending shipment for regulatory processing. MEDirect Latino expects to monetize its approved and pending patient orders in March, which is typical to the industry model.
The Atlantic Philanthropies Re-Launches Website by Digital Pulp
NEW YORK, March 8, 2006 (PRIMEZONE) -- The Atlantic Philanthropies re-launched its website, www.atlanticphilanthropies.com, this past month. The site was planned, designed and developed by Digital Pulp, a New York-based interactive agency. The Atlantic Philanthropies selected Digital Pulp in a highly competitive review process based on Digital Pulp's previous experience with building large-scale content sites, its work with other nonprofits and the expertise of its technology team.