logo
Share SHARE
FONT-SIZE Plus   Neg

Standard Register Gets NYSE Non-compliance Notice

Standard Register (SR: Quote), 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
The Germanwings plane crash has spurred European airlines to implement stringent cockpit rules widely followed in the U.S., after it emerged a lone co-pilot forced the plane into its fatal descent, reports said on Thursday. Video-game retailer GameStop Corp. said Thursday after the markets closed that its fourth quarter profit rose 11% from last year, as better cost control helped offset a 5.6% decrease in sales. However, the company's quarterly earnings per share, excluding item, came in below analysts' expectations as did its quarterly sales. The Villages, a serene retirement hometown in Florida has been designated as the fastest-growing metro in the U.S. for the second consecutive year, as per Census estimates released on Thursday.
comments powered by Disqus
Follow RTT