Agilent Technologies to List On New York Stock Exchange; Stock to Trade Under Symbol `A'.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Oct. 4, 1999-- Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , Inc. today announced that its common stock will list on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Effective upon the consummation CONSUMMATION. The completion of a thing; as the consummation of marriage; (q.v.) the consummation of a contract, and the like. 2. A contract is said to be consummated, when everything to be done in relation to it, has been accomplished. of the company's initial public offering, its common stock will trade under the symbol "A". Agilent Technologies is the diversified diversified (di·verˑ·s technology company formed by Hewlett-Packard Company's plan to strategically realign re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. itself into two fully independent companies. "Our listing on the New York Stock Exchange represents an important milestone for Agilent as we continue our transition to an independent company," said Edward W. (Ned) Barnholt, president and chief executive officer of Agilent Technologies. "It is especially fitting that our stock will be symbolized by the single letter `A', reinforcing Agilent's leadership position in the marketplace, our commitment to technological innovation, and our unique heritage and core values." "Given the company's heritage, outstanding product base and commitment to innovation and customer service, Agilent Technologies enters the marketplace as a trusted and respected leader and global brand," said Richard A. Grasso, Exchange chairman and chief executive officer. "We welcome Agilent Technologies to our family of listed companies listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → , among them a world-class base of established and emerging technology enterprises whose total global market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. exceeds $4 trillion." Agilent Technologies, currently a subsidiary of Hewlett-Packard Company, filed its registration statement (form S-1) with the Securities Exchange Commission on Aug. 16, 1999, and anticipates an initial public offering later this year. About Agilent Technologies Agilent Technologies is a diversified technology company, resulting from Hewlett-Packard Company's plan to strategically realign itself into two fully independent companies. With 43,000 employees serving customers in more than 100 countries, Agilent Technologies is a global leader in designing and manufacturing test, measurement and monitoring instruments, systems and solutions, and semiconductor and optical components. The company serves markets that include communications, electronics, life sciences and healthcare. The businesses comprising Agilent Technologies had net revenues of nearly $8 billion in fiscal year 1998. Information about Agilent Technologies can be found on the World Wide Web at http://www.agilent-tech.com. |
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