By Josh Beckerman
Old Dominion Freight Line will join the S&P 500 before trading opens on Dec. 9, replacing SunTrust Banks, which is being sold to BB&T Corp. (BBT).
S&P Dow Jones Indices said Cabot Microelectronics will move from the S&P SmallCap 600 to the S&P MidCap 400, while Ready Capital will join the S&P SmallCap 600.
Meanwhile, Industrial Logistics Properties Trust shares rose 7% to $23 after hours as the company was added to the S&P SmallCap 600, effective Friday, replacing Cambrex in connection with Cambrex's pending sale to Permira.
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