TSX:REI.UN - Post by User
Post by
unikon Mar 29, 2006 5:04pm
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Post# 10587361
Kimco...added to S&P
Kimco...added to S&PThis may enhance Riocan shares going forward.Have a great day all...Gary
Kimco added to S&P 500
By Dawn Wotapka Hardesty
Wednesday, March 29, 2006 10:06 AM ES
NEW HYDE PARK – Kimco Realty Corp. is about to join the S&P 500.
The New Hyde Park-based operator of community shopping centers will be added to the index after the market’s close on April 3. Kimco will replace Jefferson-Pilot, a provider of life insurance and annuities.
Jefferson-Pilot is being bought out by Lincoln National Corp., which is already on Standard & Poor’s flagship index. That deal is slated to close April 3.
Shares of Kimco (NYSE: KIM) were up 5 percent to $40.80 in mid-morning trading.