New Century shares are suspended
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Shares of US mortgage lender New Century are suspended amid fears it may be close to bankruptcy.
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Shares in China&#39;s major computer maker, Lenovo, were suspended in Hong Kong on Monday, pending clarification about its reported interest in part of IBM.
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New Century Financial Corp. , whose shares fell 25 percent on Thursday amid speculation it would seek bankruptcy protection, said it had received $265 million in financing, but was not accepting loan applications after some lenders blocked its credit lines.
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TORONTO (CP) - Trading in shares of Royal Group Technologies Ltd. remained halted by regulatory order Thursday amid rumours about police and securities commission investigations of the building products maker.
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Dude, you're not getting a filing Stumbling computer maker Dell has been forced to delay a second quarter financial report and to put its stock repurchase program on hold as it deals with federal and state accounting probes.â¦
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New Century Financial Corp. , the largest independent U.S. subprime mortgage lender, said on Monday its lenders plan to halt financing, pushing the company closer to bankruptcy amid dwindling cash and $8.4 billion in obligations that could come due immediately.
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SHANGHAI China&#39;s securities regulator said Tuesday that it had suspended approval of initial public offerings pending rule changes that would let the market set the price of new shares, revamping a system criticized for inflating company values and
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By MARCY GORDON  WASHINGTON - The Securities and Exchange Commission on Thursday suspended trading in 35 companies whose shares were touted in e-mail spam campaigns.
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The New York Stock Exchange was forced to halt trading in three stocks early on Thursday after erroneous orders from a broker were spotted by an NYSE specialist.
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Shares of Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) fell an additional 10 percent Monday after the insurance broker canceled an investor call to explain the financial
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The New York Stock Exchange halted trading in Lear shares at 10:41 a.m. Trading did not resume.
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(InfoWorld) - Shares in Lenovo Group resumed trading on Wednesday, after being temporarily suspended due to theÂ sale of 300 million shares by IBM, the PC company's second-largest shareholder. In a filing to the Hong Kong stock exchange, Lenovo said IBM was expected to complete the sale of the shares today at a price of HK$3.20 (US$0.41) per share -- a discount of 7 percent to the share's closing price on Monday and the same price of the shares when trading was suspended at Lenovo's request on Tuesday. Lenovo's shares were trading at HK$3.23 on Wednesday morning, local time. The shares sold by IBM represent 3.5 percent of Lenovo's outstanding shares and are worth HK$960 million. The sale reduces IBM's share in Lenovo from 14.7 percent to 11.3 percent. IBM remains the company's second-largest shareholder behind parent company Legend Holdings Ltd. The sale of shares by IBM will boost the percentage of Lenovo's stock held by public investors from 34.2 percent to 36.7 percent, the filing said. Legend Holdings' stake will also increase from 41.9 percent to 42.4 percent, it said. IBM has steadily been selling down its stake in Lenovo, whichÂ acquired IBM's PC divisionÂ in 2005. Despite the sale of shares, the two companies remain close partners. On Tuesday, LenovoÂ announced an end-user services agreementÂ with IBM that could be worth $245 million in revenue for IBM over the next five years.
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MACQUARIE Bank Ltd announced a suspension of trading in its shares after the market closed today. Paterson Securities adviser Michael Heffernan said the trading halt could be related to two issues - the
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Trading in shares of Swedish health care company Gambro AB were halted Monday by the Stockholm Stock Exchange following a report that the US dialysis company DaVita Inc.
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Chinese net stock Sohu.com (Nasdaq: SOHU) dropped by 10% on Friday after the company announced that its multimedia messaging services with China Mobile Communication had been temporarily suspended for a year. The sanctions were ...
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The Securities and Exchange Commission suspended trading on Thursday in the stocks of 35 small companies linked to spam e-mail campaigns urging small investors to buy shares.
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New Century Financial Corp., the largest independent U.S. subprime mortgage lender, said on Monday its lenders plan to halt financing, pushing the company closer to bankruptcy amid dwindling cash and $8.4 billion in obligations that could come due immediately.