42,60EUR | -0,50 EUR | -1,16 %
DAX-0,22 % EUR/USD+0,05 % Gold+0,11 % Öl (Brent)-2,32 %

Worldcom delisted!!! - 500 Beiträge pro Seite

Beitrag schreiben

Begriffe und/oder Benutzer


O.K. dann halt nur -47%. Der letzte Stand war jedenfalls bei 0.13$.

Wenn es euch auch nicht weiterhilft: dafür ist Neoforma nachbörslich mit 6,73% im Plus
Nasdaq to Delist WorldCom, MCI Group Shares on Tuesday

NEW YORK -- The Nasdaq Stock Exchange plans to delist the securities of WorldCom Inc. (WCOEQ), including MCI Group (MCWEQ), because the company isn`t current in its Securities and Exchange Commission filings and because of concerns about its ongoing bankruptcy proceedings.
Nasdaq late Monday said WorldCom`s securities will be delisted effective at the open of business Tuesday. MCI Group`s 8% cumulative quarterly income preferred securities will also be delisted.

In a separate release, WorldCom said its securities will trade on the Pink Sheets under the symbols WCOEQ, MCWEQ and MCPEQ.

Last week, WorldCom filed the largest Chapter 11 bankruptcy in U.S. history, faced with $41 billion in debt and an accounting scandal that has blocked its access to capital.

The company`s escalating troubles came to a head last month when it disclosed that it misstated $3.8 billion in expenses over five quarters in order to report profits when it actually lost a total of about $1.2 billion for the period.

WorldCom`s market capitalization, which peaked at $120 billion in the summer of 1999, had shrunk to about $280 million last week.

Worldcom`s shares were halted earlier for news at their Monday close of 25 cents, up 5 cents. MCI`s shares were also halted at 45 cents, up 13 cents.

On resuming trading in after-market activity, WorldCom`s shares fell to 16 cents, while MCI`s shares traded hands at 25 cents, according to the Island ECN.

-Susan Willetts; Dow Jones Newswires; 201-938-5400

Copyright (c) 2002 Dow Jones & Company, Inc.
All Rights Reserved.
Nasdaq to delist WorldCom
By Shawn Langlois, CBS.MarketWatch.com
Last Update: 5:47 PM ET July 29, 2002

CLINTON, Miss. (CBS.MW) - Shares of WorldCom fell nearly 40 percent in Monday`s extended session after the Nasdaq hammered yet another nail in the coffin of the bankrupt telecom firm.

Wall Street gets a bull stampede
Qwest shares recover after accounting dislosure
Higher taxes light up online cigarette business
`Powers` sequel sets comedy box office record

Sign up for FREE e-newsletters

My Portfolio Alerts
Company: Worldcom Inc Ga New Add

Create A Portfolio | Create An Alert

After the close, the Nasdaq announced that it would delist WorldCom upon Tuesday`s market open.

The Nasdaq said its decision was based upon WorldCom`s failure to comply with the listing requirement that the company keep up-to-date in its filings with the Securities and Exchange Commission.

The Nasdaq also cited concerns regarding WorldCom`s ongoing bankruptcy proceeding.

WorldCom said that it expects its securities will be traded on the Pink Sheets under the following symbols: WCOEQ, MCWEQ, and MCPEQ.

WorldCom shares (WCOEQ: news, chart, profile) closed up 5 cents, or 29 percent, at 25 cents before losing 10 cents in the after-hours session.

Shawn Langlois is community editor for CBS.MarketWatch.com in San Francisco.

Beitrag zu dieser Diskussion schreiben

Es handelt sich hier um einen ältere Diskussionen, daher ist das Schreiben in dieser Diskussion nicht mehr möglich. Bitte eröffnen Sie hier ein neue Diskussion.