Nasdaq Threatening to Delist CRM from Global Select

Nasdaq has given notice to CRM Holdings that the company -- owner of Majestic and Twin Bridges insurance companies -- has failed to comply with the minimum bid price requirement for continued listing on Global Select stock exchange, CRM announced Wednesday.CRM said it received a Nasdaq "staff deficiency letter" on Tuesday. The bid price of its common shares has closed under $1 for the last 30 consecutive business days. Bur CRM said the notification does not result in the immediate delisting of its common stock.CRM has until May 10 to regain compliance with the minimum closing bid price require...