Wednesday, 06 June 2007

Barratt Developments to Replace Bradford & Bingley in FTSE 100, FTSE Says

(Bloomberg) -- Barratt Developments Plc, the U.K.'s
biggest homebuilder by volume, will replace Bradford & Bingley
Plc in the FTSE 100 Index, FTSE Group said.

The changes, announced today in a statement, follow a
quarterly review and will take effect on June 18. Joining the
index may lift Barratt shares because funds tracking the FTSE 100
need to own stock of its members.


Read more at Bloomberg Stocks News

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