The New Century
As of January 1, 2007, New Century had approximately 7,200 full-time employees and a market capitalization of $1.75 billion. FY 2005 net income was $417 million. New Century was formerly listed on the New York Stock Exchange and is now trading on the over the counter pink sheets. By March 14, 2007, the day after the New York Stock Exchange delisted New Century Financial Corporation, the market capitalization value of its stock was less than $55 million.
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