03:51 PM EST - Consolidated Mercantile Inc. : reported full-year 2008 net earnings of $347.000, down from $3.2 million in 2007. Earnings per share were $0.07, compared with $0.63 in the last year. The company said that net earnings for the 2007 included the gain on sale of Polyair and the loss from discontinued operations of Distinctive. Consolidated Mercantile Inc.
shares T.CMC are trading even at $1.80.