S&P shuffles the 500 - promoting Netflix (NFLX), F5 Networks (FFIV) and Newfield Exploration...


S&P shuffles the 500 - promoting Netflix (NFLX), F5 Networks (FFIV) and Newfield Exploration (NFX) from the MidCap 400 into SPX, and pulling New York Times Co. (NYT), Office Depot (ODP) and Eastman Kodak (EK) to make room. Cablevision Systems (CVC) also joins the S&P 500 to replace King Pharmaceuticals (KG), which is being acquired by Pfizer (PFE). After hours: NFLX +5.3%, FFIV +5.2%, NFX +3.9%, CVC +5.3%.

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Comments (4)
  • realornot
    , contributor
    Comments (1263) | Send Message
     
    makes sense....
    NYT, EK & ODP out of the picture.. Yesteryear stuff.....
    NFLX, FFIV & NFX are totally flying without wings.....
    Super Vertical Rise - Stratosphere yet???
    9 Dec 2010, 08:03 PM Reply Like
  • User 281898
    , contributor
    Comments (46) | Send Message
     
    Guess they will go up another 50% from here now. There's actually news to send them higher this time.
    9 Dec 2010, 08:18 PM Reply Like
  • If U Say So
    , contributor
    Comments (348) | Send Message
     
    That'll be a shocker for those buying up EK today. Its up 11% today. I guess some secrets can be kept. As for the NYT, this should be all it needs to slip below a 1B cap.
    9 Dec 2010, 10:20 PM Reply Like
  • positivethoughts
    , contributor
    Comments (2064) | Send Message
     
    NYT should be moved to the NEX.

     

    "NEX is a new and separate board of TSX Venture Exchange. It provides a new trading forum for listed companies that have fallen below TSX Venture's ongoing listing standards."

     

    "Going forward, companies that have low levels of business activity or have ceased to carry on active business will trade on the NEX board, while companies that are actively carrying on business and pursuing growth and shareholder value will remain with the main stock list of TSX Venture Exchange."
    9 Dec 2010, 10:50 PM Reply Like
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