BEA wins Nasdaq reprieve
Print storyNothing to declare
Posted in Software, 10th January 2007 12:34 GMT
Understand how application security is evolving
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.®
Solving on-premise email challenges with on-demand services
The business case for application security
Airport insecurity: the case of lost laptops
The best practices guide for application security
Impact of the dramatic increase in devices on the cost to support
Google code cloud punts on-demand embarrassment
Microsoft weighs next-phase in open-source support
iTunes minus the player: hack your Apple beats
Oracle plans cloud strategy