NEW TABLE LISTINGS ABOUND; NAME, TRADING SYMBOL CHANGES REFLECT CORPORATE ALTERATIONS.Byline: Marty Rose Associated Press Mergers, corporate spinoffs and name changes may affect the newspaper stock listing you've followed for years. These changes in stock market tables at the start of 1999 are among the notable moves: The takeover of Amoco Corp. by British Petroleum Co. PLC was completed as 1998 ended. The new company is called BP Amoco PLC, with a trading symbol Trading symbol See: Ticker symbol of BPA BPA British Paediatric Association. , and appears in newspaper 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. lists as BP Amoco. Although known as Alcoa since 1929, Aluminum Company of America, the world's largest producer of aluminum, is making it official by changing its name to Alcoa Inc. The Pittsburgh-based company made the change to reflect the global scope of the company. The name used in newspaper stock tables is still Alcoa, but the listing changes places alphabetically in The Associated Press tables, which are alphabetized al·pha·bet·ize tr.v. al·pha·bet·ized, al·pha·bet·iz·ing, al·pha·bet·iz·es 1. To arrange in alphabetical order. 2. To supply with an alphabet. by full corporate name. Hilton Hotels has spun off its casino gaming businesses, which are now called Park Place Entertainment. Hilton shareholders got Park Place shares on a one-for-one basis. Park Place opened at $6.8750 a share Monday, which was reflected in Hilton's stock, which was about $19 before the spinoff but was $14.6875 Monday after the separation of the businesses. The NYSE NYSE See: New York Stock Exchange ticker is PPE PPE (Brit) n abbr (Univ) (= philosophy, politics, and economics) → Studiengang bestehend aus Philosophie, Politologie und Volkswirtschaft PPE n abbr (BRIT ) (SCOL . The newspaper listing is ParkPl n. Rockwell International, the aerospace giant, spun off Conexant Systems at the rate of one-half share for each share of Rockwell held. Conexant will be the world's largest company that exclusively provides semiconductor products for communications applications. Rockwell shares went from $48.5625 before the move to $40.9375 to reflect the distribution. The Nasdaq ticker for Conexant is CNXT. It appears as Conexnt n in listings. |
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