Sentence examples for facing delisting from from inspiring English sources
The Morton's Restaurant Group NYSE MRGRG) of New Hyde Park is facing delisting from the New York Stock Exchange and is evaluating a potential sale of its assets, including Morton's of Chicago, its steakhouse chain, the company said on Monday.
Bluefly.com, an online fashion retailer, announced yesterday that it faced delisting from the Nasdaq composite index.
Shareholders worry that the company faces delisting from the Tokyo Stock Exchange, a move that could threaten its access to financing, suppliers and customers.
Sandata Delisting Sandata Technologies (Nasdaq: SAND) of Port Washington said Monday that it has requested a hearing before Nasdaq officials after being notified July 2 that that it faced delisting from the SmallCap market.
Leap Wireless International, which could soon face delisting from the Nasdaq stock market, said yesterday that its third-quarter net loss had narrowed but that a default on a credit agreement could force it into bankruptcy.
The company has still not reported its third-quarter earnings, causing industry speculation that the company could face delisting from the Nasdaq or consider a buyout.
Take Two isnt the only video game company affected by a stock options probe– THQ said on Nov. 22 that it faced delisting from the Nasdaq due to delayed earnings statements.
Now, as a result of the bankruptcy, they face delisting from NASDAQ.
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.
The economic downturn has also meant that many companies faced delisting for not meeting financial requirements of the stock market.
Edison Schools, the commercial education company that runs 150 public schools, faces delisting from the Nasdaq if it cannot raise its stock price to $1 within 90 days.
