July 4, 2001 |
Diedrich Coffee Inc.'s stock, in danger of being removed from the Nasdaq National Market, has won a reprieve, the Irvine specialty coffee retailer said Tuesday. The company said it has been notified by Nasdaq that it now complies with all of the requirements necessary for continued listing. Diedrich had been granted an extension by Nasdaq officials to comply with minimum net tangible asset requirements and minimum bid price requirements for continued listing.
May 8, 1985 |
The dollar edged up in quiet trading early today a day after a sharp setback that dealers attributed to technical factors. Gold prices were little changed. Dealers said that lacking any important news on interest rates or the health of the U.S. economy, the markets were likely to keep the currency within a narrow range. In Tokyo, where trading ends before Europe's business day begins, the dollar fell to a closing 252.75 yen from Tuesday's 254.15. Later, in London, it was quoted at 253.05 yen.
March 16, 2000 |
Any time highflying stocks slide almost 10% in just three days, it's natural to wonder whether sellers are flooding out of the woodwork to dump shares. But amid the Nasdaq composite index's fast 9.2% decline this week, investors should instead be asking where all the buyers went. Indeed, traders say this week's sell-off is due not so much to a herd of investors panicking out of stocks as to a sudden lack of buyers.
March 21, 2001 |
Xpedior Inc. said it is cutting 300 jobs, or 42% of its staff, and said it may file for bankruptcy protection because of falling sales. Xpedior, which helps other companies build Internet sites for electronic commerce, said it has enough cash to last only through June 30. The Chicago-based company is closing offices in New York, Denver, Dallas, San Jose and Alexandria, Va.
February 14, 1985 |
The dollar retreated amid widespread profit-taking early today after seven straight days of record-breaking gains. Gold was a shade higher. Dealers said trading was moderately active as investors sought to cash in on the dollar's surge, which took it above 10 French francs and 2,000 Italian lire for the first time ever and 3.30 West German marks for the first time in 13 years. Dealers said investors seemed worried about the prospect of further central bank intervention.
January 24, 1985 |
The dollar edged lower against major European currencies early today as investors pondered the prospect of further central bank intervention. Gold prices gained. Dealers said worries about banks selling large blocks of dollars to drive the currency's value down outweighed the boost the U.S. currency got from this week's gross national product figures, which showed America's economy booming.
March 22, 1988 |
The dollar fell against all major currencies except the Canadian dollar in quiet trading Monday, mirroring a selloff in both the stock and bond markets. Gold prices jumped as much as $5 an ounce in active trading, spurred by a rally in oil prices. Republic National Bank of New York quoted a bid price for gold of $449.45 an ounce as of 4 p.m. EST, up from $444 an ounce late Friday.
September 24, 1985 |
The U.S. dollar stabilized in early trading today, a day after its biggest one-day slide in more than 12 years. Gold prices gained. By the time markets opened in Europe, the dollar had steadied. It was trading at higher levels than the depths it reached in U.S. trading but was mixed in comparison with Monday's earlier European close. Still, the West German Bundesbank sold $46.6 million at the daily fixing. There was no intervention, however, on the open market.
February 9, 2001 |
Mcglen Internet Group Inc., a Tustin specialty technology company, said Thursday that its stock may be removed from Nasdaq and that it has requested an oral hearing before a Nasdaq National Market panel to halt the delisting. The company said in a press release that it has been notified that it didn't meet minimum bid price requirements for continued listing on the Nasdaq SmallCap market.