HIALEAH, FL -- Simclar Inc. intends to voluntarily delist its common shares from the Nasdaq Capital Market and voluntarily deregister its common shares by Dec. 19 and cease filing reports with the Securities and Exchange Commission, the EMS company said today.
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq
listing and SEC compliance is "substantial" and the benefits "intangible."
CAMBRIDGE, MA -- ForresterResearch lowered its 2009 US IT spending forecast
to 1.6%,
on slower demand for computers. The research group previously guided for 6.1% growth next year. It marks the fourth time in 10 months the firm has reduced its 2009 outlook.