Stocks to Watch: Super Micro Computer, Chicago Rivet & Machine

Dow Jones

2024-11-19

By Connor Hart

Super Micro Computer has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. The server maker said it intends to regain compliance with the exchange's continued listing requirements after failing to file its reports for its fiscal year ended June 30, and for the first quarter of fiscal 2025 in a timely manner. The data-center specialist had until Monday to file a plan to regain compliance. Shares surge 34%, to $28.95, in after-hours trading.

Chicago Rivet & Machine slashed its quarterly dividend to three cents from 10 cents, citing macroeconomic headwinds that are weighing on its performance. The company, which manufactures and sells rivets and specialty cold-formed parts, noted a significant reduction in demand from its automotive customers. Its board determined that cutting the dividend was necessary given the recent operating performance. Shares fall 5.9%, to $17, in postmarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 18, 2024 18:48 ET (23:48 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The server maker said it intends to regain compliance with the exchange's continued listing requirements after failing to file its reports for its fiscal year ended June 30, and for the first quarter of fiscal 2025 in a timely manner. The data-center specialist had until Monday to file a plan to regain compliance. Shares surge 34%, to $28.95, in after-hours trading. \n</p>\n<p>\n  Chicago Rivet &amp; Machine slashed its quarterly dividend to three cents from 10 cents, citing macroeconomic headwinds that are weighing on its performance. The company, which manufactures and sells rivets and specialty cold-formed parts, noted a significant reduction in demand from its automotive customers. Its board determined that cutting the dividend was necessary given the recent operating performance. Shares fall 5.9%, to $17, in postmarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 18, 2024 18:48 ET (23:48 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Super Micro Computer, Chicago Rivet & Machine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Super Micro Computer, Chicago Rivet & Machine\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-11-19 07:48</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Super Micro Computer has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. The server maker said it intends to regain compliance with the exchange's continued listing requirements after failing to file its reports for its fiscal year ended June 30, and for the first quarter of fiscal 2025 in a timely manner. The data-center specialist had until Monday to file a plan to regain compliance. Shares surge 34%, to $28.95, in after-hours trading. \n</p>\n<p>\n  Chicago Rivet &amp; Machine slashed its quarterly dividend to three cents from 10 cents, citing macroeconomic headwinds that are weighing on its performance. The company, which manufactures and sells rivets and specialty cold-formed parts, noted a significant reduction in demand from its automotive customers. Its board determined that cutting the dividend was necessary given the recent operating performance. Shares fall 5.9%, to $17, in postmarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 18, 2024 18:48 ET (23:48 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4161","symbol_name":"工業機械","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484936105","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484936105","pubTimestamp":1731973680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Super Micro Computer has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. 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The data-center specialist had until Monday to file a plan to regain compliance. Shares surge 34%, to $28.95, in after-hours trading. \n\n\n  Chicago Rivet & Machine slashed its quarterly dividend to three cents from 10 cents, citing macroeconomic headwinds that are weighing on its performance. The company, which manufactures and sells rivets and specialty cold-formed parts, noted a significant reduction in demand from its automotive customers. Its board determined that cutting the dividend was necessary given the recent operating performance. Shares fall 5.9%, to $17, in postmarket trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 18, 2024 18:48 ET (23:48 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}