CareFusion delays annual report, gets delisting NYSE warning | Wall Street Beat
The New York Stock Exchange warns CareFusion of a possible delisting after the medical device company says it will be late in filing its annual report with the SEC.
CareFusion (NYSE:CFN) shares are down slightly today after the medical device company said it would be late in filing its annual report with the SEC, which triggered a delisting warning from the New York Stock Exchange.
CareFusion said it's negotiating with the securities regulator over how to account for leases of its Pyxis medicine dispensing devices.
"Once this process is complete, the company will assess any impact on its financial statements and file its [annual report] as soon as practicable," according to a press release. "The matter does not affect CareFusion customers or the underlying fundamentals and cash flows of the company or its Pyxis business."