Ticker Talk
Standard & Poor’s continues to shuffle the members of its famous blue-chip 500 index.
Late Tuesday S&P; said it will add Southland tech firms Vitesse Semiconductor (VTSS) and QLogic (QLGC) to the 500 index on Monday. It also will add health-care firm Stryker Corp. (SYK).
Stocks to be dropped from the index are Polaroid Corp. (PRD) and textile makers Springs Industries (SMI) and Russell Corp. (RML).
On Monday S&P; said it will boot four other “old-economy” names out of the 500 index, and they all slid on Tuesday: Bethlehem Steel (BS) fell 31 cents to $1.81, Crown Cork & Seal (CCK) lost 38 cents to $3.94, W.R. Grace (GRA) was off 63 cents to $1.63, and Owens-Illinois (OI) declined $1.13 to $2.94.
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