Jabil Circuit to Join S&P 500
Jabil Circuit
(JBL)
is moving up in the world.
The maker of electronic circuit board assemblies and systems will replace
Coastal Corp.
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in the
Standard & Poor's 500
index. The date hasn't been set. S&P 500 component
El Paso Energy
(EPG)
is acquiring Coastal. El Paso will also replace Coastal in the
S&P 100
index.
Entercom Communications
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TheStreet Recommends
will replace Jabil Circuit in the
S&P MidCap 400
index.
Additionally,
Sterling Bancshares
(SBIB)
and
AstroPower
(APWR)
will replace
Spartan Motors
(SPAR)
and
Bombay
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in the
S&P SmallCap 600
index after the close of trading on Thursday. Both companies are being removed for lack of representation.
