TOUGH TIMES LEAD TO DELISTINGS
Although the New York Stock Exchange has temporarily suspended some listing standards and lowered others to help companies whose stock prices got hammered this year, it delisted these companies that couldn't meet standards.
CompanyMonthReason
Kemet Corp. JanuaryBelow $25m average market cap
The Fairchild Corp. JanuaryBelow $25m average market cap
W.P. Stewart & Co. Ltd.JanuaryBelow $25m average market cap
Nortel Networks Inc.JanuaryBankruptcy
Qimonda AGJanuaryBankruptcy
Midway Games Inc.FebruaryBankruptcy
Citadel Broadcasting Corp.FebruaryPlan not accepted
First-Fed FinancialFebruaryBelow $15m average market cap
Monaco CoachMarchAbnormally low price
Visteon Corp.MarchAbnormally low price
Interstate Hotels & Resorts Inc.MarchBelow $15m average market cap
Chemtura Corp.MarchBankruptcy
Material Sciences Corp.MarchBelow $15m average market cap
Aventine Renewable Energy Holdings Inc.MarchBelow $15m average market cap
Energy Partners Ltd.MarchBelow $15m average market cap
JER Investors Trust Inc.MarchBelow $15m average market cap
Coachmen Industries Inc.AprilBelow $15m average market cap
Six Flags Inc.AprilMissed plan milestone
Sparton Corp.AprilPlan not accepted
Libbey Inc.AprilBelow $15m average market cap
AbitibiBowater Inc.AprilBankruptcy
General Growth Properties Inc.AprilBankruptcy
General Motors Inc.JuneBankruptcy
Lear Corp.JulyBankruptcy
