Special Situation Investing

Monday, September 25, 2006

Western Union (WU) Spinoff & BFT Index Change

Standard & Poor's announced today that effective Sept 29, Western Union will join the S&P 500. Western Union was spun-off of First Data Corp (FDC) on Sept 21. As a side note, yahoo finance does not seem to list Western Union (WU) yet. Try google finance instead.

In the same release it was announced that Bally Total Fitness (BFT) will be removed from the S&P 600.


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