Issuer Delisting; Notice of Application of The Black & Decker Corporation To Withdraw Its Common Stock, $.50 Par Value, From Listing and Registration on the Pacific Exchange, Inc., 56749-56750 [E5-5308]

Download as PDF Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.5 Jonathan G. Katz, Secretary. [FR Doc. E5–5305 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P applicable laws in the State of New York, the state in which the Issuer is incorporated, and by providing BSE with the required documents governing the withdrawal of securities from listing and registration on BSE. The Issuer’s application relates solely to the withdrawal of the Security from listing on BSE and shall not affect its continued listing on NYSE or the Chicago Stock Exchange, Inc. (‘‘CHX’’),3 or its obligation to be registered under Section 12(b) of the Act.4 Any interested person may, on or before October 11, 2005 comment on the facts bearing upon whether the application has been made in accordance with the rules of BSE, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: Electronic Comments SECURITIES AND EXCHANGE COMMISSION • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–07657 or; [File No. 1–07657] Issuer Delisting; Notice of Application of American Express Company To Withdraw Its Common Stock, $.20 Par Value, From Listing and Registration on the Boston Stock Exchange, Inc. September 21, 2005. On August 24, 2005, American Express Company, a New York corporation (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’)1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $.20 par value (‘‘Security’’), from listing and registration on the Boston Stock Exchange, Inc. (‘‘BSE’’). The Board of Directors (‘‘the Board’’) of the Issuer approved a resolution on July 25, 2005 to withdraw the Security from listing on BSE. The Issuer stated that the following reason factored into the Board’s decision to withdraw the Security from BSE: The staff time and costs associated with maintaining a listing on regional exchanges has outweighed the benefits. The Issuer stated in its application that the Security is listed on the New York Stock Exchange, Inc. (‘‘NYSE’’). The Issuer stated in its application that it has complied with applicable rules of BSE by complying with all 5 17 CFR 200.30–3(a)(1). U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). 1 15 VerDate Aug<31>2005 16:02 Sep 27, 2005 Jkt 205001 Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–07657. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. 3 On August 24, 2005, the Issuer filed an application with the Commission to withdraw the Security from listing and registration on CHX. Notice of such application will be published separately. 4 15 U.S.C. 78l(b). PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 56749 For the Commission, by the Division of Market Regulation, pursuant to delegated authority.5 Jonathan G. Katz, Secretary. [FR Doc. E5–5307 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [File No. 1–01553] Issuer Delisting; Notice of Application of The Black & Decker Corporation To Withdraw Its Common Stock, $.50 Par Value, From Listing and Registration on the Pacific Exchange, Inc. September 21, 2005. On August 26, 2005, The Black & Decker Corporation, a Maryland corporation, (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $.50 par value (‘‘Security’’), from listing and registration on the Pacific Exchange, Inc. (‘‘PCX’’). On July 21, 2005, the Board of Directors (‘‘Board’’) of the Issuer approved a resolution to withdraw the Security from listing and registration on PCX. The Issuer stated that the following reasons factored into the Board’s decision to withdraw the Security from PCX: (i) The Issuer has maintained a dual listing of the Security on the New York Stock Exchange (‘‘NYSE’’) and PCX since February 15, 1985; (ii) the primary exchange for trading the Security is NYSE; (iii) a de minimus amount of the Security is traded on PCX; (iv) at the time of the Issuer’s initial listing on PCX, a regional exchange listing was thought to provide added liquidity to a nationally-traded stock because some investors traded only on regional exchanges; (v) since that time, however, advances in electronic trading platforms have essentially created a single domestic trading platform and eliminated the benefit of dual listings on regional exchanges; and (vi) listing on a regional exchange no longer provides any additional value, and delisting from PCX will save costs by eliminating fees associated with the listing and reduce reporting activities. The Issuer stated in its application that it has complied with applicable 5 17 CFR 200.30–3(a)(1). U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). 1 15 E:\FR\FM\28SEN1.SGM 28SEN1 56750 Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices rules of PCX by providing PCX with the required documents governing the withdrawal of securities from listing and registration on PCX. The Issuer’s application relates solely to the withdrawal of the Security from listing on PCX, and shall not affect its continued listing on NYSE or its obligation to be registered under Section 12(b) of the Act.3 Any interested person may, on or before October 11, 2005, comment on the facts bearing upon whether the application has been made in accordance with the rules of PCX, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: Electronic Comments • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/delist.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–01553 or; Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–01553. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.4 Jonathan G. Katz, Secretary. [FR Doc. E5–5308 Filed 9–27–05; 8:45 am] SECURITIES AND EXCHANGE COMMISSION [File No. 1–04121] Issuer Delisting; Notice of Application of Deere & Company To Withdraw Its Common Stock, $1.00 Par Value, From Listing and Registration on the Chicago Stock Exchange, Inc. September 21, 2005. On August 31, 2005, Deere & Company, a Delaware corporation (‘‘Issuer’’), filed an application with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 12d2–2(d) thereunder,2 to withdraw its common stock, $1.00 par value (‘‘Security’’), from listing and registration on the Chicago Stock Exchange, Inc. (‘‘CHX’’). The Board of Directors (‘‘the Board’’) of the Issuer approved a resolution on May 26, 2005 to withdraw the Security from listing on CHX. The Issuer stated that the Board decided to withdraw the Security from listing on CHX because it was not in the shareholders’ best interest to maintain a listing on multiple stock exchanges. The Issuer stated that the principal stock exchange on which the Security trades is the New York Stock Exchange, Inc. (‘‘NYSE’’) and the Security will continue to be traded on NYSE. The Issuer stated in its application that it has complied with applicable rules of CHX by complying with all applicable laws in the State of Delaware, the state in which the Issuer is incorporated, and by providing CHX with the required documents governing the withdrawal of securities from listing and registration on CHX. The Issuer’s application relates solely to the withdrawal of the Security from listing on CHX and shall not affect its continued listing on NYSE, or its obligation to be registered under Section 12(b) of the Act.3 Any interested person may, on or before October 11, 2005 comment on the facts bearing upon whether the application has been made in accordance with the rules of CHX, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods: BILLING CODE 8010–01–P 1 15 U.S.C. 78l(d). CFR 240.12d2–2(d). 3 15 U.S.C. 78l(b). 3 15 U.S.C. 78l(b). 4 17 CFR 200.30–3(a)(1). VerDate Aug<31>2005 16:02 Sep 27, 2005 Electronic Comments • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–04121 or; Paper Comments • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–04121. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are also available for public inspection and copying in the Commission’s Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. The Commission, based on the information submitted to it, will issue an order granting the application after the date mentioned above, unless the Commission determines to order a hearing on the matter. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.4 Jonathan G. Katz, Secretary. [FR Doc. E5–5309 Filed 9–27–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [70 FR 55638, September 22, 2005] Closed Meeting. PLACE: 100 F Street, NE., Washington, DC. STATUS: DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Monday, September 19, 2005. Additional Item. The following item has been added to the Closed Meeting scheduled for Thursday, September 29, 2005: Formal order of investigation. Commissioner Atkins, as duty officer, voted to consider this item listed for the closed meeting in closed session and CHANGE IN THE MEETING: 2 17 Jkt 205001 PO 00000 Frm 00129 Fmt 4703 4 17 Sfmt 4703 E:\FR\FM\28SEN1.SGM CFR 200.30–3(a)(1). 28SEN1

Agencies

[Federal Register Volume 70, Number 187 (Wednesday, September 28, 2005)]
[Notices]
[Pages 56749-56750]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5308]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-01553]


Issuer Delisting; Notice of Application of The Black & Decker 
Corporation To Withdraw Its Common Stock, $.50 Par Value, From Listing 
and Registration on the Pacific Exchange, Inc.

September 21, 2005.
    On August 26, 2005, The Black & Decker Corporation, a Maryland 
corporation, (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.50 par value 
(``Security''), from listing and registration on the Pacific Exchange, 
Inc. (``PCX'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    On July 21, 2005, the Board of Directors (``Board'') of the Issuer 
approved a resolution to withdraw the Security from listing and 
registration on PCX. The Issuer stated that the following reasons 
factored into the Board's decision to withdraw the Security from PCX: 
(i) The Issuer has maintained a dual listing of the Security on the New 
York Stock Exchange (``NYSE'') and PCX since February 15, 1985; (ii) 
the primary exchange for trading the Security is NYSE; (iii) a de 
minimus amount of the Security is traded on PCX; (iv) at the time of 
the Issuer's initial listing on PCX, a regional exchange listing was 
thought to provide added liquidity to a nationally-traded stock because 
some investors traded only on regional exchanges; (v) since that time, 
however, advances in electronic trading platforms have essentially 
created a single domestic trading platform and eliminated the benefit 
of dual listings on regional exchanges; and (vi) listing on a regional 
exchange no longer provides any additional value, and delisting from 
PCX will save costs by eliminating fees associated with the listing and 
reduce reporting activities.
    The Issuer stated in its application that it has complied with 
applicable

[[Page 56750]]

rules of PCX by providing PCX with the required documents governing the 
withdrawal of securities from listing and registration on PCX.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on PCX, and shall not affect its continued 
listing on NYSE or its obligation to be registered under Section 12(b) 
of the Act.\3\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 78l(b).
---------------------------------------------------------------------------

    Any interested person may, on or before October 11, 2005, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (https://
www.sec.gov/rules/delist.shtml); or
     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-01553 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street NE., 
Washington, DC 20549-9303.

All submissions should refer to File Number 1-01553. This file number 
should be included on the subject line if e-mail is used. To help us 
process and review your comments more efficiently, please use only one 
method. The Commission will post all comments on the Commission's 
Internet Web site (https://www.sec.gov/rules/delist.shtml). Comments are 
also available for public inspection and copying in the Commission's 
Public Reference Room. All comments received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
 [FR Doc. E5-5308 Filed 9-27-05; 8:45 am]
BILLING CODE 8010-01-P
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