Feeds

BEA wins Nasdaq reprieve

Nothing to declare

Boost IT visibility and business value

BEA Systems has cheated the hangman after Nasdaq officials ruled the company's shares could continue to be traded on the market.

The Java middleware company has failed to file full financial results since last summer, covering the quarters ended July 31 and October 31 2006.

As a result, BEA received two letters warning it shares faced delisting but the company - as is its right - appealed. The date for the drop was January 8, but BEA now has been given until February 28 to get its finances, and more improtantly books, in order.

BEA has delayed filing as internal investigators examine allocation of company stock options, and the impact this could have on quarterly results.

BEA is one of many Silicon Valley companies revisiting options following pressure on the industry from the FBI and financial regulators.®

Application security programs and practises

More from The Register

next story
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Do YOU work at Microsoft? Um. Are you SURE about that?
Nokia and marketing types first to get the bullet, says report
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Chrome browser has been DRAINING PC batteries for YEARS
Google is only now fixing ancient, energy-sapping bug
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.