Accenture, Tyco, Noble Gain S&P 500 Index Eligibility
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Standard & Poor’s, which last month changed the way it defines U.S.-based companies, added more than 100 companies to its Total Market Index based on the new criteria, a precursor to entering gauges such as the S&P 500.
The stocks, which range from Accenture Plc to Tyco International Ltd. and Noble Corp., won’t go into the better-known indexes right away. They will be added on an “as-needed basis” as mergers and corporate events cause others to fall out, according to a statement. Smaller companies may be added to the S&P MidCap 400 or S&P SmallCap 600, the firm said.