Tyco To Replace Smith International On S&P 500

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.

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