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Visteon Corporation to Join Fortune 500 Index.


Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 6, 2002

FORTUNE announced today that Visteon Corporation (NYSE NYSE

See: New York Stock Exchange
:VC) 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 Monday, February 11, 2002.

Visteon, based in Dearborn, Mich., supplies automotive systems See ITS, embedded system, drive-by-wire, adaptive cruise control, collision avoidance system, autonomous vehicle, heads-up display, DSRC, lane departure system, CAN bus, FlexRay and SYNC. , modules and components to vehicle manufacturers and the aftermarket worldwide. The company reported revenue of $4.5 billion for the quarter ended December 31, 2001.

Spinoffs of FORTUNE 500 Index components are ordinarily eligible for inclusion in the index after one full year of fiscal operation and the subsequent 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. Visteon was spun off from FORTUNE 500 Index Component Ford Motor Company (NYSE:F) in June 2000 and completed its first full year of fiscal operation December 31, 2001.

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 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. ), as well as conventional mutual funds. 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 500 Index - Effective Close of Market February 11, 2002
----------------------------------------------------------------------
ACTION        COMPANY                       INDUSTRY SECTOR
----------------------------------------------------------------------
ADDED         Visteon Corporation           Consumer Discretionary
----------------------------------------------------------------------


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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 6, 2002
Words:304
Previous Article:Philadelphia Consolidated Holding Corp. Announces Earnings Conference Call; Friday, February 8, 2002, at 2:00 p.m. ET.
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