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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| April 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ENERGY

GulfMark up after beating views

The offshore oil and gas service provider rose 8.5% to 25.91 after it reported earning 20 cents a share ex items, 4 times that of a year ago and 6 cents over views. GulfMark Offshore's sales grew 21% to $41 mil, offsetting higher expenses.

** Petroleum Development earned 49 cents a share in Q4, missing views by 7 cents and matching a year ago. Revenue rose 22% to $72.6 mil, helped by strong energy prices and higher levels of drilling activity. Shares fell 1% to 37.69.

** Natural Resources Partners rose 5.5% to 53.74 after Wachovia Securities upgraded it to market perform, saying the coal miner should benefit from an anticipated 11% rise in coal prices.

RETAIL/APPAREL

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