May 23, 2005 3:22 PM PDT
Cray names CFO amid accounting issue
Earlier in May, Nasdaq informed Cray that it no longer meets requirements to be listed on its Nasdaq National Market because of the company's "failure to include the auditor's opinion on management's assessment of internal control over financial reporting" as required by the Sarbanes-Oxley Act. Cray appealed the finding but, in the meantime, it trades under the ticker symbol CRAYE instead of CRAY.
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