Tyco International Ltd. (NYSE: TYC) will replace Smith International (NYSE: SII),which is being acquired, on the S&P 500 index after markets close on August 26. Shares of Tyco climbed $1.96 to close at $38.70 while Smith International stock fell 93 cents to close at $39.24.
Tyco To Replace Smith International On S&P 500
August 20, 2010 at 17:21 PM EDT