NYSE Euronext (NYX) Added to S&P 500
Standard & Poor's said Thursday exchange operator NYSE Euronext Inc. will replace hotel owner Hilton Hotels Corp. Inc. in the S&P 500 after the market closes Oct. 24.
Hilton is being acquired by private-equity firm Blackstone Group in a deal expected to close on or around that date.
The index also said NYSE Euronext will replace retailer Limited Brands Inc. in the S&P 100. Limited's market capitalization is now about $7.9 billion, which ranks it 100th in the list.
Standard & Poor's added that Titanium Metals Corp., which produces metal for the aerospace and other industries, will replace eye-care products maker Bausch & Lomb Inc. in the S&P 500 on a date yet to be announced.
Hilton is being acquired by private-equity firm Blackstone Group in a deal expected to close on or around that date.
The index also said NYSE Euronext will replace retailer Limited Brands Inc. in the S&P 100. Limited's market capitalization is now about $7.9 billion, which ranks it 100th in the list.
Standard & Poor's added that Titanium Metals Corp., which produces metal for the aerospace and other industries, will replace eye-care products maker Bausch & Lomb Inc. in the S&P 500 on a date yet to be announced.
Labels: NYSE Euronext, NYX
posted by Stock Administrator @ 9:53 AM
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