New Fluor, Massey to Join Standard & Poor’s
Standard & Poor’s said Tuesday that the new Fluor Corp. in Aliso Viejo will replace Massey Energy Co. on the S&P; 500. The new Fluor is a spinoff from the old Fluor, which was renamed Massey.
Fluor, which provides engineering, construction and other services, will trade under the ticker FLR. Massey, a Richmond, Va., coal company, will trade under the ticker MEE.
After the spinoff next week, Massey Energy will replace American Freightways Corp. in the S&P; SmallCap 600. FedEx Corp. is acquiring American Freightways.
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