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Quanta To Replace Ingersoll-Rand In S&P 500

Stock quotes in this article: COV , IR , PWR , TTEC , TYC , VMI  

NEW YORK (AP) — Standard & Poor's announced a reshuffling of its stock indices Thursday, naming electric utility contractor Quanta Services Inc. to replace Ingersoll-Rand Co. Ltd. in the S&P 500 index.

Omaha, Neb.-based diversified manufacturer Valmont Industries Inc. will take Quanta's place in the S&P MidCap 400, while TeleTech Holdings Inc., a call-center and customer-management services provider based in Englewood, Colo., will move to the S&P SmallCap 600 in place of Valmont.

Standard & Poor's said the date of the changes are yet to be announced. ...

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