Dune Energy, Inc. announced today that on December 28, 2009, it received notice from NYSE AMEX indicating that the Company is not in compliance with certain conditions of the Exchange’s continued listing standards under Section 1003 of the Company Guide. Â Specifically, the Exchange noted the Company’s failure to comply with Section 1003 of the Company Guide relating to stockholders’ equity of
One options investor is betting that the rally in the stock is coming to an end.
Trading is not affected by the incident.
Dec. 30 (Bloomberg) — China’s Shanghai Composite Index rose to a two-week high as the largest stocks by weighting advanced on speculation they will benefit most from the nation’s economic growth next year.
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Dec. 30 (Bloomberg) — Most Japanese stocks fell as Japan Airlines Corp. tumbled on reports the carrier’s biggest lenders oppose a plan to restructure the company through bankruptcy.
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