NASDAQ notifies Apple of non-compliance
Apple today received a letter from NASDAQ notifying the company that it is incompliant with the tech stock exchange rules, and has requested a hearing before the NASDAQ Listing Qualifications Panel in response. "As anticipated, the letter was issued in accordance with NASDAQ procedures due to the delayed filing of the Company's Form 10-Q for the quarter ended July 1, 2006," Apple wrote. "Pending a decision by the Panel, Apple shares will remain listed on the NASDAQ Stock Market."
An internal investigation discovered irregularities related...
» Read the rest of the post
No Votes
