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Fannie Mae Advises NYSE of Intent to Meet Continued Listing Standard
05.12.08 - 15:25 ... source : Fannie Mae
... WASHINGTON, DC -- Fannie Mae (FNM/NYSE) today reported in a filing with the U.S. Securities and Exchange Commission (SEC) that the company has notified the New York Stock Exchange (NYSE) that it intends to bring the share price of its common stock and the average share price of its common stock for 30 consecutive trading days above $1.00 by no later than May 11, 2009. Fannie Mae is currently working with its conservator, the Federal Housing Finance Agency (FHFA), to determine the specific action or actions that Fannie Mae will take to cure the deficiency. If necessary to bring its share price and its average share price for 30 consecutive trading days above $ ...» Next (HTML)
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