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NYSE Delisting Candidates, Headed To The Pink Sheets?

247wallst — Thu, 17 Apr 2008 09:10:02 +0000

With the sudden delisting of the Journal Register, it is interesting to look at who else is on the NYSE list of companies who could get delisted. The NYSE is generally very good about this and lets the companies have time to get into compliance. Below are the lists. They are grouped based on why the NYSE has problems with them.

Issuers that are noncompliant with its quantitative and corporate governance listing standards:

Fremont General Corporation (FMT)

Fremont General Financing I (FMTPR)

Impac Mortgage Holdings, Inc. (IMH)

Impac Mortgage Holdings, Inc. (IMHPRB)

Impac Mortgage Holdings, Inc. (IMHPRC)

Journal Register Co. (JRC)

Luminent Mortgage Capital, Inc. (LUM)

Medifast, Inc. (MED)

Milacron Inc. (MZ)

NIS GROUP CO., LTD. (NIS)

Scottish Re Group Limited (SCT)

Scottish Re Group Limited (SCTPRB)

Sun-Times Media Group, Inc. (SVN)

Zarlink Semiconductor, Inc. (ZL)

Companies as delayed in filing both Annual and Interim Reports:

Beazer Homes USA, Inc. (BZH)
Diebold, Incorporated (DBD)
International Rectifier Corporation (IRF)
Penn Treat American Corporation. (PTA)

Sunrise Senior Living, Inc. (SRZ)
Symmetry Medical Inc. (SMA)
VeriFone Holdings, Inc. (PAY)
W Holding Company, Inc. (WHI)
WellCare Health Plans, Inc. (WCG)

Companies as delayed in filing an Annual Report:

China Yuchai International Limited (CYD)
Fremont General Corporation. (FMT)
Fremont General Financing I (FMTPR)
Impac Mortgage Holdings, Inc. (IMH)
Impac Mortgage Holdings, Inc. (IMHPRB)
Impac Mortgage Holdings, Inc. (IMHPRC)
Mesa Royalty Trust (MTR)
Schawk, Inc. (SGK)

Some firms make it on to more than one list, and some, like JRC and FMT, have already left for the "pink sheets"

Douglas A. McIntyre

The 52-Week Low Club

247wallst — Tue, 04 Dec 2007 16:27:54 +0000

W Holding (WHI) Listing issues. Recently came out of SEC investigation. Drops to $.75 from 52-week high of $6.70.

Phillips-Van Heusen (PVH) Weak earning outlook. Down to $36.65 from 52-week high of $82.19.

AMD (AMD) Just keeps sliding. Drops to $9.22 from 52-week high of $23.

Spansion (SPSN) No recent news. Down to $4.44 from 52-week high of $15.10.

Epicept (EPCT) Prices new stock offering. Falls to $1.25 from 52-week high of $4.89.

Douglas A. McIntyre

Blackstone (BX) Joins The 52-Week Low Club

247wallst — Tue, 26 Jun 2007 15:06:02 +0000

Blackstone (BX) It did just go public, but it should be doing better than this. $30.32, down from $38.

W Hldg (WHI) Bank holding company says one of its asset-backed loans is "impaired". Drops to $3.16 from 52-week high of $6.70.

Fortress Investment (FIG) Pulled down by Blackstone drop. Falls to $21.90 from 52-week high of $37.

Hovnanian (HOV), Pulte (PHM), Beazer (BZH), Lennar (LEN). On the list so often, might as well do them as a group. Housing gets worse.

US Energy Systems (USEY) Energy services provider looking at bankruptcy. Down to $.92 from 42-week of $6.95.

Encysive Pharmaceuticals (ENCY) Competitor’s pulmonary arterial hypertension drug wins approval, cuts most of staff, puts in a new CEO. Nuff said. Down to $1.71 from 52-week high of $7.10.

Human Genome Sciences (HGSI) Lehman Bros cuts stock on worries about the potential of its lupus drug candidate. Falls to $8.90 from 52-week high of $13.06.

Douglas A. McIntyre