NYSE Will Delist Radio Shack Even Sooner Than Anticipated

NYSE Will Delist Radio Shack Even Sooner Than Anticipated

Earlier today, Bloomberg News cited two unnamed sources who said that doomed electronics retailer RadioShack was in talks with Sprint to sell about half of its 4,300 retail locations to the mobile phone company and close the rest. After sending the company a letter warning that it could be delisted, the New York Stock Exchange has now started the process to kick the company off the exchange. [More]

NYSE Thinking About Chucking $1 Rule

NYSE Thinking About Chucking $1 Rule

The New York Stock Exchange is thinking about getting rid of the pesky rule that your company’s stock needs to trade above $1 for it to remain listed. [Yahoo! Finance] (Photo: woodendesigner)