Thursday, May 6, 2010

S&P Index Changes

S&P announced the following changes to their Midcap 400 index, sending Tibco(TIBX) up 3% after hours:

NEW YORKMay 6 /PRNewswire/ -- TIBCO Software Inc. (Nasdaq:TIBX - News) will replace Brink's Home Security Holdings Inc. (NYSE:CFL - News) in the S&P MidCap 400 index after the close of trading on Friday, May 14.  Brink's Home Security Holdings is being acquired by Tyco International Ltd. (NYSE:TYC -News) in a deal expected to be completed on or about that date, pending final approvals.

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