S&P shifts index listings on Anheuser-Busch sale

Recs

0

Standard & Poor's said Monday drug developer Wyeth and medical waste management company Stericycle Inc. will replace Anheuser-Busch Cos. Inc. on several indices.

St. Louis-based Anheuser-Busch is being bought by Belgian brewer InBev for $52 billion.

Madison, N.J.-based Wyeth will replace Anheuser-Busch on the S&P 100 index and Lake Forest, Ill.-based Stericycle will replace Anheuser-Busch in the S&P 500 index.

Meanwhile, Thomasville, Ga.-based Flowers Foods Inc. is taking Stericycle's place in the S&P MidCap 400, while San Francisco-based Diamond Foods Inc. will replace Flowers Foods in the S&P SmallCap 600.

S&P has yet to announce the effective date of the changes.

Additionally, Carlsbad, Calif.-based Life Technologies Corp., which will be the new name of the combined Applied Biosystems Inc. and Invitrogen Corp., will replace Applied Biosystems in the S&P 500. Hercules, Calif.-based Bio-Rad Laboratories Inc. will replace Invitrogen in the S&P MidCap 400.

Those changes are effective at the close of trading Nov. 21.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 777810, ~/Articles/ArticleHandler.aspx, 11/10/2009 1:38:57 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Health-Care Reform: A Tale of Two Chambers

Related Tickers

11/9/2009 4:01 PM
FLO $24.05 Up +0.20 +0.84%
Flowers Foods, Inc… CAPS Rating: ****
SRCL $55.34 Up +1.04 +1.92%
Stericycle, Inc. CAPS Rating: **
BUD $49.72 Up +1.35 +2.79%
Anheuser-Busch InB… CAPS Rating: **
ABI $11.02 Up +0.17 +1.57%
Applied Biosystem,… CAPS Rating: **
BIO $98.51 Up +1.17 +1.20%
Bio-Rad Laboratori… CAPS Rating: *****
DMND $30.69 Up +0.83 +2.78%
Diamond Foods, Inc… CAPS Rating: ***
IVGN $22.23 Down +0.00 +0.00%
Invitrogen Corp CAPS Rating: ****

Community: Investing Wiki

Term Of The Hour

Sector ETF: A sector ETF is an exchange-traded fund owning a range of stocks that are all in the same sector.

Want to learn more or edit this definition?
Click here to read more!