Calpine Booted From S&P 500
Calpine Booted From S&P 500
Just another straw on the camels back. Calpine is being removed from the S&P 500 index as the stock price plunged below the one dollar mark. This of course is not a surprise to anyone who has been watching the stock. This will force all S&P 500 indexed funds to sell Calpine and purchase Glenworth Financial who will replace Calpine on the S&P index.
Mixed news on the home front as employees were informed that the company's employee stock purchase plan was terminated and that any contribution would be returned to the employee. That's good news as we were all wondering what may happen to our cash. Other than that moral is low and everyone is wondering what will happen next.
posted by Blog Dog @ 2:05 PM
2 comments
2 Comments:
I believe your profile does not accurately represent your true profession.
A suitable substitute for "Engineering" would be
"sitting around waiting for something to do"
Oh I have been busy but the choices of profession are very limited.
And as far as professions go...all options are on the table. If I could only find someone to pay me to take pictures and rant.
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