Press Releases
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Maine & Maritimes Corporation Announces 2010 Second Quarter Earnings Results
Aug 12, 2010
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PRESQUE ISLE, ME, Aug 12, 2010 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported a consolidated second quarter 2010 basic and diluted net loss of $0.51 per share, or $862,000, compared to second quarter 2009 net loss of $0.25 per share, or $411,000.
Included in the results for the second quarter of ...
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MAM Shareholders Approve Acquisition by Emera Inc.
Jul 22, 2010
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PRESQUE ISLE, ME, Jul 22, 2010 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) announced today that a majority of its shares were voted (by 99 percent of the votes cast) in favor of adopting the merger agreement with BHE Holdings Inc. of Bangor, ME (BHE), a subsidiary of Emera Inc. (TSX: EMA). The transaction ...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Jun 10, 2010
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PRESQUE ISLE, ME, Jun 10, 2010 (MARKETWIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Amex: MAM) voted June 10, 2010, to approve a dividend of $0.05 per share for the third quarter of 2010. The dividend is payable July 22, 2010, to shareholders of record on June 24, 2010.
About Maine & Maritimes Co...
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Maine & Maritimes Corporation Announces 2010 First Quarter Earnings Results
May 10, 2010
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PRESQUE ISLE, ME, May 10, 2010 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported consolidated first quarter 2010 basic and diluted net income of $0.40 per share, or $673,000, compared to first quarter 2009 net income of $0.84 per share, or $1.41 million.
Included in the results for the first quarter...
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Maine & Maritimes Corporation Announces 2009 Year-End Earnings Results
Mar 25, 2010
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PRESQUE ISLE, ME, Mar 25, 2010 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported a consolidated 2009 basic net income of $0.54 per share, or $905,000, compared to the 2008 net income of $2.75 per share, or $4.61 million.
According to Brent M. Boyles, President and CEO of Maine & Maritimes Corporatio...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Mar 12, 2010
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PRESQUE ISLE, ME, Mar 12, 2010 (MARKETWIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Amex: MAM) voted March 11, 2010, to approve a dividend of $0.05 per share for the second quarter of 2010. The dividend is payable April 22, 2010, to shareholders of record on March 25, 2010.
About Maine & Maritime...
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Emera to Acquire Maine & Maritimes Corporation
Mar 12, 2010
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HALIFAX,and PRESQUE ISLE, ME, Mar 12, 2010 (Canada NewsWire via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) and Emera Inc. announced today that MAM has entered into a merger agreement with BHE Holdings Inc. of Bangor, ME (BHE), a subsidiary of Emera Inc. (EMA:TSX). Under the terms of the agreement, all outstanding shares ...
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Maine Public Service Company Explores Merchant Line
Jan 29, 2010
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PRESQUE ISLE, ME, Jan 29, 2010 (MARKETWIRE via COMTEX News Network) -- Maine Public Service Company (MPS), a subsidiary of Maine & Maritimes Corporation (NYSE Amex: MAM), is exploring the development of an electric 345 kV transmission solution for northern Maine as a privately funded merchant line. The project contemplates 26 miles of transmission ...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Dec 4, 2009
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PRESQUE ISLE, ME, Dec 04, 2009 (MARKETWIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Amex: MAM) voted December 4, 2009, to approve a dividend of $0.05 per share for the first quarter of 2010. The dividend is payable January 14, 2010, to shareholders of record on December 17, 2009.
About Maine & Ma...
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Maine & Maritimes Corporation Announces 2009 Third-Quarter Earnings Results
Nov 12, 2009
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PRESQUE ISLE, ME, Nov 12, 2009 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported a consolidated third quarter 2009 basic and diluted net loss of $0.52 per share, or $877,000, compared to third quarter 2008 net income of $0.08 per share, or $129,000.
According to Brent M. Boyles, President and CEO of...
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MAM Comments on Rumor
Oct 5, 2009
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PRESQUE ISLE, ME, Oct 05, 2009 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) has been made aware of a rumor in the market that the Company is for sale. The Company wishes to dispel this rumor and confirm that the Company is not for sale.
The Company hired KeyBanc Capital Markets Inc. as its financial adv...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Sep 18, 2009
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PRESQUE ISLE, ME, Sep 18, 2009 (MARKETWIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Amex: MAM) voted September 18, 2009, to approve a dividend of $0.05 per share for the fourth quarter of 2009. The dividend is payable October 22, 2009, to all shareholders of record as of October 1, 2009.
About Ma...
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Maine & Maritimes Corporation Announces 2009 Second Quarter Earnings Results
Aug 13, 2009
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PRESQUE ISLE, ME, Aug 13, 2009 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported a consolidated second quarter 2009 basic and diluted net loss of $0.25 per share, or $411,000, compared to second quarter 2008 net loss of $0.04 per share, or $68,000.
According to Brent M. Boyles, President and CEO of ...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Jun 12, 2009
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PRESQUE ISLE, ME, Jun 12, 2009 (MARKETWIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Amex: MAM) voted June 12, 2009, to approve a dividend of $0.05 per share for the third quarter of 2009. The dividend is payable July 23, 2009, to shareholders of record on June 25, 2009.
About Maine & Maritimes Co...
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Maine & Maritimes Corporation Announces 2009 First Quarter Earnings Results
May 11, 2009
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PRESQUE ISLE, ME, May 11, 2009 (MARKETWIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Amex: MAM) reported consolidated first quarter 2009 basic and diluted net income of $0.84 per share, or $1.41 million, compared to first quarter 2008 net income of $1.17 per share, or $1.97 million.
According to Brent M. Boyles, President ...
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Maine & Maritimes Corporation Announces Year-End Earnings Results
Mar 16, 2009
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PRESQUE ISLE, ME, Mar 16, 2009 (MARKET WIRE via COMTEX News Network) -- Maine & Maritimes Corporation (NYSE Alternext US: MAM) reported consolidated 2008 basic net income of $2.75 per share, or $4.61 million, compared to 2007 net income of $0.98 per share, or $1.63 million.
"We are encouraged by the improvement in our financial performance duri...
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MAM Board of Directors Declares Quarterly Dividend on Common Stock
Mar 13, 2009
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PRESQUE ISLE, ME, Mar 13, 2009 (MARKET WIRE via COMTEX News Network) -- The Board of Directors of Maine & Maritimes Corporation (NYSE Alternext US: MAM) voted March 13, 2009, to approve a dividend of $0.05 per share for the second quarter of 2009. The dividend is payable April 23, 2009, to shareholders of record on March 26, 2008.
About Maine &...
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MAM Utility Services Group Completes Electrical Work for Wind Energy Project in Lempster, NH
Feb 17, 2009
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PRESQUE ISLE, ME, Feb 17, 2009 (MARKET WIRE via COMTEX News Network) -- MAM Utility Services Group, a wholly-owned subsidiary of Maine & Maritimes Corporation (NYSE Alternext US: MAM), today announced it has completed construction of an electrical collector system for the Lempster Wind Power Project in Lempster, New Hampshire, located in southweste...
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MAM Utility Services Group Completes Electrical Collector System at Stetson Wind Farm
Feb 10, 2009
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PRESQUE ISLE, ME, Feb 10, 2009 (MARKET WIRE via COMTEX News Network) -- MAM Utility Services Group, a wholly-owned subsidiary of Maine & Maritimes Corporation (NYSE Alternext US: MAM), today announced it has completed construction of an electrical collector system for the Stetson Wind Power Project near Danforth, Maine. Construction of the 57-megaw...
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MPS Explores Alternatives to Move Forward With Constructing the Maine Power Connection
Jan 15, 2009
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PRESQUE ISLE, ME, Jan 15, 2009 (MARKET WIRE via COMTEX News Network) -- Officials at Maine Public Service Company (MPS), a subsidiary of Maine & Maritimes Corporation (NYSE Alternext US: MAM), and Central Maine Power Company (CMP) have requested that the Maine Public Utilities Commission (MPUC) defer further action in the Maine Power Connection (MP...
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