S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that StandardAero Inc. (SARO) will replace Frontier Communications Parent Inc. (FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22.
S&P 500 & S&P 100 constituent Verizon Communications Inc. (VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.