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Stock Market & Financial Investment News

News Breaks
December 12, 2012
06:52 EDTGLFGulfMark Offshore accelerates annual dividend, begins quarterly dividend in FY13
GulfMark Offshore announced that its board declared an annual cash dividend on GulfMark Class A common stock of $1.00 per share payable on December 31, to stockholders of record on the close of business on December 21. The dividend will be paid before the end of the calendar year to take advantage of the current tax rate for 2012. The total dividend payout for 2012 is estimated to be $26.94M. Commencing in 2013, GulfMark will pay a recurring quarterly cash dividend of 25c per share.
News For GLF From The Last 14 Days
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October 22, 2014
10:09 EDTGLFOn The Fly: Analyst Downgrade Summary
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08:46 EDTGLFGulfMark Offshore downgraded to Neutral from Accumulate at Global Hunter
Global Hunter downgraded GulfMark Offshore following the Q3 report and reduced guidance. Price target lowered to $30 from $39. Note that Morgan Stanley also downgraded shares today.
08:43 EDTGLFGulfMark Offshore downgraded to Underweight from Equal Weight at Morgan Stanley
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07:31 EDTGLFGulfMark Offshore downgraded to Hold from Buy at ISI Group
ISI Group downgraded GulfMark to Hold following the disappointing Q3 report and guidance and significantly lowered its expectations for utilization in Southeast Asian and the Americas. Price target lowered to $27 from $35.
October 20, 2014
18:04 EDTGLFGulfMark Offshore expects FY15 revenue $480M-$530M, consensus $575.48M
18:03 EDTGLFGulfMark lowers FY14 revenue guidance to $490M-$495M, consensus $519.02M
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18:02 EDTGLFGulfMark Offshore expects Q4 revenue $110M-$115M, consensus $136.52M
18:01 EDTGLFGulfMark Offshore reports Q3 ex-items EPS 75c, consensus 82c
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October 15, 2014
07:09 EDTGLFGulfMark Offshore initiated with a Buy at ISI Group
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