Excel Maritime Carriers (EXM) Receives Non-Compliance Notification From NYSE
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Excel Maritime Carriers Ltd. (NYSE: EXM) received notice from the New York Stock Exchange (the "NYSE"), dated June 21, 2012, that the Company is no longer in compliance with the NYSE's continued listing standards because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period.
The Company will continue to monitor the situation and intends to cure this deficiency in accordance with the NYSE rules.
The Company will continue to monitor the situation and intends to cure this deficiency in accordance with the NYSE rules.
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