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Stock Market & Financial Investment News

News Breaks
February 27, 2013
07:33 EDTGLFGulfMark Offshore sell-off on earnings miss overdone, says Citigroup
Citigroup views the post-earnings pullback in shares of GulfMark Offshore as overdone and reiterates a Buy rating on the stock with a $50 price target. Citi continues to view GulfMark Offshore as an acquisition candidate and says the factors that drove the earnings miss are temporary.
News For GLF From The Last 14 Days
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July 23, 2014
09:34 EDTGLFGulfMark Offshore downgraded to Accumulate from Buy at Global Hunter
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July 22, 2014
06:10 EDTGLFGulfMark Offshore files automatic mixed securities shelf
July 21, 2014
18:07 EDTGLFGulfMark Offshore lowers FY14 revenue guidance to $510M-$525M from $525M-$555M
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18:07 EDTGLFGulfMark Offshore sees Q3 revenue $130M-$135M, consensus $144.15M
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18:03 EDTGLFGulfMark Offshore reports Q2 EPS ex-items 91c, consensus 96c
Reports Q2 revenue $131.4M, consensus $132.9M. Quintin Kneen, president and CEO, commented, "Strong performance in the U.S. Gulf of Mexico and our increasing vessel count drove us to our highest-ever total quarterly revenue, and are keeping us on pace for our first full year revenue in excess of $500M. Still, activity levels in the North Sea and Southeast Asia this quarter were lower than we anticipated, and we had a couple of special items that impacted our overall results.

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