Wednesday, October 12, 2011

TE Now on S&P 500

Keep an eye on shares of  TE Connectivity (NYSE:TEL). Late yesterday, Standard & Poor's said TE Connectivity would join the S&P 500 index following the close of trading on Friday.

It will replace Cephalon (NASDAQ:CEPH) which is due to be acquired by Teva Pharmaceuticals (NASDAQ:TEVA).

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