McGraw-Hill Cos. division Standard & Poor’s, a provider of financial services, said Wednesday natural gas distributor Spectra Energy Corp. will replace software maker Parametric Technology Corp. in the benchmark S&P 500 Index.
Parametric Technology will move to the S&P MidCap 400 to replace Pier 1 Imports Inc., a home furnishings retailer which, with a market capitalization [...]

Consol Energy to Replace Knight-Ridder on S&P 500, RC2 to Join SmallCap 600
Consol Energy Inc., a coal and methane gas producer, will replace newspaper publisher Knight-Ridder Inc. in the Standard & Poor’s 500 stock index, S&P said Thursday.
Knight-Ridder is being acquired by McClatchy Co., another newspaper company, in a deal that is still pending final [...]