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BRIEF: NYSE Accepts CPI Plan to Keep Stock Listed
Tuesday, February 03, 2009 4:21 PM


(Source: St. Louis Post-Dispatch)trackingBy St. Louis Post-Dispatch

Feb. 3--The New York Stock Exchange has accepted the St. Louis-based CPI Corp's plan to keep its stock listed on the exchange, the photo studio operator announced Monday.

In November, CPI was notified by the stock exchange that it was out of compliance with listing requirements.

CPI, which operates photo studios in Sears and Wal-Mart stores, had been below the standards because its average market capitalization over a thirty-day trading period was less than $75 million and its stockholders' equity was less than $75 million.

gappleson@post-dispatch.com -- 314-340-8331

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NYSE:CPY, NASDAQ-NMS:SHLD, NYSE:WMT,

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