AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Bellwether Report.com is Looking Under the Microscope at NationsHealth Inc.

M2 Presswire

| October 25, 2006 | COPYRIGHT 2006 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

M2 PRESSWIRE-25 October 2006-bellwetherreport.com: Bellwether Report.com is Looking Under the Microscope at NationsHealth Inc(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:25102006

The Bellwether Report Takes Notice of NationsHealth Inc (Nasdaq:NHRX)

NationsHealth aims to make it easier for Medicare patients to get their prescription drugs and medical supplies. NationsHealth delivers diabetes, ostomy, and other medical supplies to the homes of more than 105,000 patients. In addition, NationsHealth offers diabetes products for Medicare beneficiaries at more than 1,000 Kmart pharmacies. The company has partnered with CIGNA to provide training, enrollment service, distribution, billing, and collections. The collaborative agreement created the CIGNATURE Rx Medicare Part D plan. CEO Glenn Parker and president Lewis Stone together control nearly 65% of the company.

Shares were up 10% after advisement from Nasdaq.

NationsHealth, Inc. announced that on October 13, 2006 it was advised by the Nasdaq Listing Qualifications Department that for at least 10 consecutive trading days, the Company's market value of listed securities was below the minimum $50,000,000 requirement for continued inclusion on The NASDAQ Global Market (formerly The NASDAQ National Market) under Marketplace Rule 4450(b)(1)(A) ("the Rule"). Nasdaq also noted that the Company does not comply with Marketplace Rule 4450(b)(1)(B), which alternatively requires total assets and total revenue of at least $50,000,000 each, for the most recently completed fiscal year or two of the three most recently completed fiscal years.

The Company was provided 30 calendar days, or until November 13, 2006, to regain compliance with the Rule. If at any time before November 13, 2006, the Company's market value of listed securities is $50,000,000 or more for a minimum of 10 consecutive business days, the Nasdaq Staff will re-evaluate if the Company complies with the Rule.

Related articles from newspapers, magazines, journals, and more
Bellwether Report Begins Large-Cap Research on Express Scripts Inc.
Press release article from: M2 Presswire March 23, 2006 700+ words
...bellwetherreport.com: Bellwether Report Begins Large...23032006 Bellwether Report has added...large-cap companies we are currently...weeks the company has experienced...sponsorship of any company or security...source. Bellwether Report will receive...mentioned ...
Bellwether Report Provides Large-Cap Research on Columbia Sportswear Co.
Press release article from: M2 Presswire March 23, 2006 700+ words
...23032006 Bellwether Report has added...large-cap companies we are currently...information on the Company's long...week high. Bellwether Report and our affiliate...sponsorship of any company or security...source. Bellwether Report will receive...mentioned ...
The Bellwether Report issues a Trading Report for Wynn Resorts Ltd.
Press release article from: M2 Presswire March 28, 2006 700+ words
...com: The Bellwether Report issues a...Resorts Ltd Bellwether Report has added...large-cap companies we are currently...Recently, the company announced...sponsorship of any company or security...source. Bellwether Report will receive...mentioned companies. ...
The Bellwether Report issues a trading report for GTECH Holdings Corporation.
Press release article from: M2 Presswire March 28, 2006 700+ words
...com: The Bellwether Report issues a...28032006 Bellwether Report has added...large-cap companies we are currently...worldwide. The Company designs...Italian lottery company Lottomatica...traded gaming companies, including...performance. Bellwether Report ...
The Bellwether Report issues a fresh new Earnings Report for UTI Worldwide, Inc.
Press release article from: M2 Presswire March 30, 2006 700+ words
...com: The Bellwether Report issues a...30032006 Bellwether Report has added...large-cap companies we are currently...logistics company, offering...sponsorship of any company or security...source. Bellwether Report will receive...mentioned companies. ...
The Bellwether Report issues a trading report on Lear Corporation.
Press release article from: M2 Presswire March 30, 2006 700+ words
...com: The Bellwether Report issues a...30032006 Bellwether Report has added...large-cap companies we are currently...for this company's long...sponsorship of any company or security...source. Bellwether Report will receive...mentioned companies. ...
The Bellwether Report issues a revised trading report for NCR Corporation.
Press release article from: M2 Presswire March 30, 2006 700+ words
...members area. About Bellwether Report: Bellwether Report is a leading online...sponsorship of any company or security by BellwetherReport...informational source. Bellwether Report will receive 1...above mentioned companies. Bellwether Report...
The Bellwether Report releases a Trading Report for Schlumberger Ltd.
Press release article from: M2 Presswire March 30, 2006 700+ words
...com: The Bellwether Report releases...30032006 Issues Bellwether Report has added...large-cap companies we are currently...services company in the United...Monday. The company sees "no...field service companies have posted...output. Bellwether Report and ...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA