S&P Removing Household From S&P 500

Household International Inc., Prospect Heights, Ill., will be removed from the S&P 500 Index following the close of trading on March 28.Standard & Poor's said it is making the move as a result of the pending acquisition of Household by HSBC Holdings plc, the international banking giant. In a related move, Fair Isaac & Co., San Rafael, Calif., the company that created the formula behind credit scoring, is moving from the S&P SmallCap 600 to the S&P MidCap 400 Index, replacing Symantec Corp., the company that will replace Household in the S&P 500.

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