LyondellBasell (LYB) to Replace Sears (SHLD) in S&P 500

August 29, 2012 5:22 PM EDT
LyondellBasell Industries NV (NYSE: LYB) will replace Sears Holdings Corp. (NASDAQ: SHLD) in the S&P 500 after the close of trading on Tuesday, September 4.

S&P said Sears' public float has been well below the 50% threshold for inclusion for an extended period of time and is no longer considered representative of the index.

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