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
Fast-food giant Burger King will be adding hot dogs to its menu in the US from February 23. According to Burger King's North American President Alex Macedo, this addition is the most significant menu addition for the burger chain since it added a chicken sandwich in the 1970s. Burger King will... Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a fourth-quarter loss that widened from last year, hurt largely by higher operating costs which offset an increase in revenues. However, shares of the company gained 11 percent after the company detailed a strong delivery target for 2016. Tesla,... Micro-blogging site Twitter Inc. (TWTR), Tuesday reported a smaller loss for the fourth quarter, as revenues surged 48 percent reflecting growth in its advertising business despite a stagnating user growth. The company detailed a weak revenue outlook for the first quarter. Investors are concerned...
comments powered by Disqus
Follow RTT