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Struggling JC Penney Gets Booted from S&P 500
Fox Business After Friday's closing bell, S&P Dow Jones Indices said J.C. Penney will be replaced in the prestigious S&P 500 by mechanical and electronic security company Allegion, which is being spun off from Ingersoll-Rand (IR). The switch is scheduled to occur … JC Penney: Another Boot for an S&P 500 Original JC Penney being dropped from S&P 500 S&P 500 Drops JC Penney After Staggering Losses |