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Quanta Services Up On News To Be Added To S&P 500

Stock quotes in this article: IR , PWR  

NEW YORK (AP) — Shares of Quanta Services Inc. advanced Friday, a day after Standard & Poor's said the electric utility contractor would replace Ingersoll-Rand Co. on its S&P 500 index.

S&P announced the decision Thursday after Ingersoll-Rand shareholders approved a decision to move the company's headquarters to Dublin, Ireland, from Bermuda, rendering it ineligible for a listing on the S&P index.

Houston-based Quanta Services was previously listed on the S&P MidCap 400 index. ...

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