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REXHALL STAYS ON NASDAQ MARKET REQUIREMENTS MET FOR CONTINUED LISTING.


Byline For the use of the term in football (soccer), see Byline (soccer).

The byline on a newspaper or magazine article gives the name, and often the position, of the writer of the article.
: Daily News

LANCASTER Lancaster, city, England
Lancaster (lăng`kəstər), city (1991 pop. 43,902) and district, county seat of Lancashire, NW England, on the Lune River.
 - In good news for the Lancaster motor home manufacturer, Rexhall Industries Inc. announced it has received written notification that it will be allowed to continue listing its shares on the Nasdaq national market.

The Nasdaq Listing Qualifications Panel determined that Rexhallcomplied with requirements for continued listing, Rexhall officials said in a written statement.

Because of the decision, the trading symbol Trading symbol

See: Ticker symbol
 for Rexhall securities changed back from ``REXLE'' to ``REXL'' on Oct. 4.

Nasdaq had warned Rexhall last month that it could be dropped because of delay in filing a quarterly financial report. Rexhall officials requested a hearing to explain what caused the delay and what the company was doing to remedy The manner in which a right is enforced or satisfied by a court when some harm or injury, recognized by society as a wrongful act, is inflicted upon an individual.

The law of remedies is concerned with the character and extent of relief to which an individual who has brought
 it.

Nasdaq changes stock symbols of companies not in compliance, which is why the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 went from ``REXL'' to ``REXLE.''

Rexhall officials announced in August that the company had fired its chief financial officer and materials manager after discovering accounting errors that led to an incorrect Incorrect means to not be correct and may also refer to:
  • Politically incorrect
  • Incorrectly formatted data, a computer error
See also
  • Correctness
  • Anomalously numbered roads in Great Britain
  • Disputes in English grammar (Incorrect English)
 report that the company had a turned a profit in the first three months of this year.

At the same time, company officials said they were revising a financial reporting form called a 10-Q for the first quarter of 2002 because of errors in accounting for its raw-materials inventory. The company the previous week announced it had filed for an extension for filing its 10-Q for the second quarter of 2002.
COPYRIGHT 2002 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Oct 23, 2002
Words:233
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