logo
Share SHARE
FONT-SIZE Plus   Neg

Standard Register Gets NYSE Non-compliance Notice

Standard Register (SR), engaged in the management and execution of mission-critical communications, on Friday said that on April 3, it was notified by the New York Stock Exchange that it is no longer in compliance with the NYSE's continued listing standards.

Standard Register is considered below the criteria since the company's average market capitalization was less than $50 million over a 30 trading-day period and its shareowner's equity was less than $50 million.

Under applicable NYSE procedures, the company has 45 days from receipt of the notice to submit a plan to the NYSE to demonstrate its ability to achieve compliance with the continued listing standards within 18 months. Standard Register intends to submit such a plan.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Taxi-hailing company Uber and its rival Careem has suspended their services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday, reports said. Uber said the move was temporary, and did not explain the reason for suspension of services. Even after two years of thoroughly searching across the Indian Ocean, using modern technologies and devices, there is no clue about the Malaysian airline that vanished on March 8, 2014. Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations.
comments powered by Disqus
Follow RTT