latest news releases from the newsroom
Reed's Inc. Expands Into 12-Packs With High Impact Graphics for Two of Its Top Selling Products
LOS ANGELES, Dec. 19, 2008 (GLOBE NEWSWIRE) -- Reed's, Inc. (Nasdaq:REED) announced today the introduction of 12-packs of its 12 ounce longneck bottles sporting high impact graphics for Reed's Extra Ginger Brew and Virgil's Root Beer, the two top selling products at Reed's. The 12-pack will be available nationwide to mainstream grocery, natural food, gourmet and specialty, club and convenience stores.
NASDAQ OMX Extends Suspension of the Bid Price and Market Value of Publicly Held Requirements
NEW YORK, Dec. 19, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the NASDAQ Stock Market (NASDAQ(r)) has made a filing with the Securities and Exchange Commission to extend its suspension of the rules requiring a minimum $1 closing bid price and a minimum market value of publicly held shares. Given the continued extraordinary market conditions, NASDAQ has extended the suspension of the requirements until Monday, April 20, 2009.