Avaya Inc. to Join FORTUNE 500 Index.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 5, 2001 FORTUNE announced today that Avaya Inc. (NYSE NYSE See: New York Stock Exchange :AV) will be added to the FORTUNE 500 (R) Index (Symbol:FFX FFX Final Fantasy 10 (aka Final Fantasy X; game) FFX Mozilla Firefox (Mozilla browser) FFX Fairfax Connector (Fairfax County, Virginia transit provider) FFX Fairfax, Virginia, USA ) after the close of trading on Wednesday, November 7, 2001. Avaya, based in Basking Ridge, NJ, is a global provider of communications equipment and services. The company reported revenue of $1.4 billion for the quarter ended September 30, 2001. Avaya was spun off from FORTUNE 500 Index component Lucent Technologies (NYSE:LU) in September 2000. Spinoffs of FORTUNE 500 Index components are ordinarily eligible for inclusion in the index after one full year of fiscal operation and the satisfaction of price, volume and 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. criteria. For more information about the FORTUNE 500 Index, including Index policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental , as well as the entire list of companies in the FORTUNE 500 Index, visit http://indexes.fortune.com. Index updates and changes can be viewed at www.amextrader.com. The FORTUNE 500 Index is licensed for use as the basis of a number of investment products including the FORTUNE 500 Index Tracking Stock (AMEX AMEX See: American Stock Exchange :FFF (FreeForm Fabrication) See rapid manufacturing and 3D printing. ). These products are not sponsored, sold, promoted, or endorsed by FORTUNE, a division of Time Inc., and FORTUNE makes no representation and has no liability with regard to investing in them. FORTUNE and FORTUNE 500 are trademarks of Time Inc. FORTUNE makes no warranty as to the accuracy and or completeness of the FORTUNE 500 Index or the data included therein or the results to be obtained from the use of the FORTUNE 500 Index or the data included therein. |
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