Standard & Poor's Announces Changes to U.S. Index
18 Décembre 2008 - 12:26AM
PR Newswire (US)
NEW YORK, Dec. 17 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 index: -- Foundry
Networks Inc. (NASDAQ:FDRY) will be removed effective after the
close of trading on Thursday, December 18. Brocade Communications
Systems Inc. (NASDAQ:BRCD) is acquiring Foundry Networks in a deal
expected to close on or about that date, pending final approvals.
-- Foundry Network's place in the S&P MidCap 400 will be taken
by SL Green Realty Corp. (NYSE:SLG) after the close of trading on
Monday, December 22. Standard & Poor's will monitor these
transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/. SL Green Realty Corp. is a real
estate investment trust (REIT). Headquartered in New York, NY, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Office REITs Sub-Industry index.
Following is a summary of the change: S&P MIDCAP 400 INDEX -
December 18, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
DELETED Foundry Networks Information Technology Communications
Equipment S&P MIDCAP 400 INDEX - December 22, 2008 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED SL Green Financials Office
REITs Additions to and deletions from an S&P equity index do
not in any way reflect an opinion on the investment merits of the
companies concerned. About Standard & Poor's Index Services
Standard & Poor's Index Services, the world's leading index
provider, maintains a wide variety of investable and benchmark
indices to meet an array of investor needs. Its family of indices
includes the S&P 500, an index with $1.5 trillion invested and
$4.85 trillion benchmarked, and the S&P Global 1200, a
composite index comprised of seven regional and country headline
indices. For more information, please visit
http://www.standardandpoors.com/indices. About Standard &
Poor's Standard & Poor's, a division of The McGraw-Hill
Companies (NYSE:MHP), is the world's foremost provider of financial
market intelligence, including independent credit ratings, indices,
risk evaluation, investment research and data. With approximately
8,500 employees, including wholly owned affiliates, located in 23
countries and markets, Standard & Poor's is an essential part
of the world's financial infrastructure and has played a leading
role for more than 140 years in providing investors with the
independent benchmarks they need to feel more confident about their
investment and financial decisions. For more information, visit
http://www.standardandpoors.com/. DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman
of the Index Committee, +1-212-438-3907 Web Site:
http://www.standardandpoors.com/
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