IHS Chemical Week

Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

Cambrex to Keep NYSE Listing

10:35 AM MDT | June 12, 2009

The New York Stock Exchange (NYSE) has informed Cambrex that the company is in compliance with revised NYSE market capitalization standards, which allows the company to continue to be listed, Cambrex says. NYSE had threatened the firm with delisting last April. The NYSE continued listing threshold was recently lowered to a $50-million average over a 30-day trading period, under a pilot program that runs through October. NYSE’s previous market capitalization standard was an average of $75 million over 30 days. Cambrex recorded a profit of $4.7 million in the...

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