latest news releases from the newsroom
GulfMark Offshore, Inc.
GulfMark Offshore Updates Potential Impact of Foreign Tax Changes
HOUSTON, Jan. 11, 2008 (PRIME NEWSWIRE) -- GulfMark Offshore, Inc. (NYSE:GLF) announced today the potential impact that recent legislative changes and several forward strategic tax planning initiatives are expected to have on the Company's tax provision for 2007 and future periods. Edward A. Guthrie, Executive Vice President -- Finance and Chief Financial Officer said: "We wanted to clarify as soon as possible the impact of several foreign tax changes discussed in the most recent conference call as well as the effects of several tax planning initiatives in certain foreign jurisdictions which have been underway for some time. Although the impacts are still our best estimates at this time, the net result of these factors will enable GulfMark to maintain or improve its effective tax rate in future years."
Directors Guild of America
DGA and AMPTP Agree to Begin Contract Negotiations
LOS ANGELES, Jan. 11, 2008 (PRIME NEWSWIRE) -- The Directors Guild of America and the Alliance of Motion Picture and Television Producers agreed today to enter into formal contract negotiations. Negotiations are scheduled to begin tomorrow, Saturday, January 12, 2008, and will be held at AMPTP headquarters in Encino, CA.
Consolidated Mercantile Incorporated
Consolidated Mercantile Incorporated Announces the Sale of Its Interest in Distinctive Designs Furniture Inc.
TORONTO, Jan. 11, 2008 (PRIME NEWSWIRE) -- Consolidated Mercantile Incorporated (TSX:CMC) (Nasdaq:CSLMF) announced today that it has completed the sale of its investment interest in Distinctive Designs Furniture Inc., a manufacturer of leather and fabric upholstered furniture, to the other major shareholder. The Company had previously announced its intention to initiate a process to sell its investment interest in Distinctive. The transaction has been under active consideration as part of the Board's continuing evaluation of potential strategies to enhance shareholder value.
Axcelis Technologies, Inc.
Axcelis Announces Timing of Fourth Quarter Conference Call and Live Webcast
BEVERLY, Mass., Jan. 11, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced that the company will be hosting a conference call on Thursday, January 31, 2008, beginning at 5:00 pm ET. The purpose of the call is to discuss fourth quarter and year end results for 2007 and to provide guidance for the first quarter of 2008.