trane humidifier
Mary Junck, chairman and chief executive said the board considered current market conditions, business forecasts and other factors that could affect shareholder including the prospect of remaining in compliancre with rules for continued The NYSE notified Lee (NYSE: LEE) in December 2008 that the companu was not in compliancs with its continued listing standardd of at least $1 a share. Sinc then, the NYSE announced that the standard has been temporarily suspended throughJuly 31. As a result, Lee has untio Dec. 3, 2009, to returh to compliance. Lee was trading at 55 cents a sharseWednesday morning.
In February, the Davenport, Iowa-based companh it took on when it boughtrthe Post-Dispatch and restructure future payments under its $1.1 billion bank financint arrangements. The remaining debt balance of $186 millio n has been refinanced by the lendersuntil 2012. Newspaper publishers nationwide are struggling with declinintg advertising revenue as readers flocj tothe Internet.
No comments:
Post a Comment