Standard & Poor’s announced changes to two of its market indices to deal with the split of Belo Corporation into two separate publicly traded companies. The new Belo Corporation, NYSE ticker “BLC,” which is already trading on a “when-issued” basis, will replace the old Belo in the S&P MidCap 400 index, effective after the close of trading Friday, February 8th. The new Belo is the television company. A.H. Belo Corporation, NYSE ticker “AHC,” the newspaper company being spun off, will join the S&P SmallCap 600 at the same time, replacing Napster Inc., which has fallen below the minimum market value for the index.
