AK Steel Replaces Countrywide in S&P 500 Index
Following the close of trading on June 30, 2008, AK Steel was added to Standard & Poor's 500 Global Industry Classification Standard (GICS) Steel Sub-Industry index. The S&P 500 is a widely known and utilized indicator of the U.S. equities market. On December 11, 2011, it was removed from the S&P 500 and replaced with BorgWarner.
Read more about this topic: AK Steel Holding
Famous quotes containing the words steel, replaces and/or index:
“There is a kind of strength that is almost frightening in black women. It’s as if a steel rod runs right through the head down to the feet.”
—Maya Angelou (b. 1928)
“Alcohol doesn’t console, it doesn’t fill up anyone’s psychological gaps, all it replaces is the lack of God. It doesn’t comfort man. On the contrary, it encourages him in his folly, it transports him to the supreme regions where he is master of his own destiny.”
—Marguerite Duras (b. 1914)
“Exile as a mode of genius no longer exists; in place of Joyce we have the fragments of work appearing in Index on Censorship.”
—Nadine Gordimer (b. 1923)