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Level 3 Communications replacing Jabil on S&P 500

2014-10-31 06:13:19| Electronics - Topix.net

Jabil Circuit is falling off the S&P 500 list of large-cap stocks and being replaced by another company with Tampa Bay ties: Level 3 Communications Inc. Jabil, a global contract electronics manufacturer with headquarters in St. Petersburg, will be switched to the S&P MidCap 400 after the close of trading Tuesday, replacing TW Telecom, according to S&P Dow Jones Indices. The S&P 500, or Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 large companies listed on the NYSE or NASDAQ.

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Category:Electronics and Electrical

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