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The economic downturn has also meant that many companies faced delisting for not meeting financial requirements of the stock market.
The New York Stock Exchange recently warned Borders that it could face delisting for failing to maintain a $1 stock price for 30 consecutive trading days, a problem that the company has six months to correct.
Under the proposed delisting for Idaho and Montana (wolves in Wyoming will remain on the endangered list), the wolf will be protected by state management plans that more or less acknowledge the wolf's right to exist.
But from a peak of $87.50 in March 2000 UTStarcom's shares today are worth below $3, a fate worse than most international telecoms, and the company is facing delisting for failing to make timely financial disclosures.
Television programming guide provider Gemstar-TV Guide International said it has received a notice from the Nasdaq that it is subject to delisting for late filing of its quarterly report.
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The bears were delisted for two years.
Many more have been delisted for no longer meeting the requirements of Nasdaq, not least that the shares be worth something.
American Apparel has yet to file an official second-quarter report with the NYSE Amex Equities, and warned that it might be delisted for noncompliance.
Last month dozens of Russian firms, including Yukos, Tomskneft's parent, were delisted for failing to comply with SEC rules (Yukos had not filed quarterly reports).
A Nasdaq hearing is scheduled for today to help determine whether the company should be delisted for failing to file the financial results.
Kingsmill bread has been delisted, for example, so that the retailer can give more space and bigger orders to Hovis in exchange for lower prices.
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