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| WorldCom, US Airways dropped from S&P 500 index by w1ld at 9:31 am EDT, May 14, 2002 | |||
NEW YORK, May 13 (Reuters) - Standard & Poor's on Monday removed WorldCom Group (NasdaqNM:WCOM - News) and US Airways Inc. (NYSE:U - News) from its benchmark S&P 500 index, saying shares in the two struggling companies were no longer representative of their industries. The change removed the two worst-performing shares in two badly battered industries -- telecommunications and airlines -- from the closely followed S&P 500 index. WCOM is sinking fast...next will be NASDAQ delisting | |||
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