Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Nasdaq Suspends Sino Clean Energy - Quick Facts

RELATED NEWS
Trade NDAQ now with 
9/21/2012 4:40 PM ET

The Nasdaq Stock Market (NDAQ: Quote) announced that Sino Clean Energy Inc. (SCEI: Quote), which has been subject to a trading halt since May 21, 2012, will be suspended from the Nasdaq Stock Market effective September 25, 2012. As a result of the suspension, SinoTech may be eligible to resume trading in the over the counter market, Nasdaq said.

The suspension is the result of a final determination to delist the Company's shares issued by the Panel after a hearing on the matter. Nasdaq noted that it will file a Form 25 Notification of Delisting with the Securities Exchange Commission upon the expiration of applicable appeal periods.

Click here to receive FREE breaking news email alerts for Nasdaq OMX Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.