Wednesday, August 29, 2012

Sears Kicked Out of S&P 500


Sears Holdings will lose its spot in the S&P 500 after the close of trading on September 4. It will be replaced by chemical maker LyondellBasell [LYB  47.29     -0.19  (-0.4%)            ].

As one of America’s oldest retailers, Sears, Roebuck & Co. was one of the original members of the S&P 500 when the index was created in 1957 (69 of the index’s original components are still in the S&P 500 today, according to S&P’s Howard Silverblatt)….

No comments:

Post a Comment