New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 20, 2011
09:00 EDTBSIAlon Holdings Blue Square falls 4.5%
Alon Holdings Blue Square is down 4.5%, or 40c, to $8.43
News For BSI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 8, 2015
06:13 EDTBSIAlon Blue Square receives additional continued listing standard notice from NYSE
Alon Blue Square Israel announced that the New York Stock Exchange notified the company on October 1 that, in addition to being below compliance with the NYSE's share price rule, as reported on September 8, it is also no longer in compliance with NYSE Continued Listing Standards because its average market capitalization and its last reported stockholders' equity are below continued listing standards. The NYSE requires that a listed company's average global market capitalization be not less than $50M over a consecutive 30 trading-day period and its last reported stockholders' equity be not less than $50M. Under the NYSE listing rules applicable to foreign private issuers, the company has 90 days from the receipt of the notice to submit a business plan that demonstrates how it intends to regain compliance with this continued listed standard within 18 months of the receipt of the notice. The company intends to develop and submit to the NYSE such a business plan. If the NYSE does not accept the business plan, the NYSE will initiate suspension and delisting procedures. If the NYSE accepts the business plan it will monitor the company on a quarterly basis for compliance with the business plan. During this period, the company's ordinary shares will continue to be listed on the NYSE and trade as usual subject to compliance with other NYSE listing requirements.
September 30, 2015
07:13 EDTBSIAlon Blue Square Israel reaches loan extension agreement with lender
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use