Standard & Poor's Announces Changes to U.S. Index
05 Janvier 2007 - 12:21AM
PR Newswire (US)
NEW YORK, Jan. 4 /PRNewswire/ -- Chattem Inc. (NASDAQ:CHTT) will
replace Fidelity Bankshares Inc. (NASDAQ:FFFL) in the S&P
SmallCap 600 after the close of trading on Friday, January 5.
Fidelity Bankshares is being acquired by S&P 500 constituent
National City Corp. (NYSE:NCC) in a deal expected to close on or
about that date, pending final approvals. Standard & Poor's
will monitor this transaction, and post any relevant updates on its
website: http://www.standardandpoors.com/. Chattem manufactures and
markets health and beauty aids. Headquartered in Chattanooga, TN,
the company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Personal Products Sub-Industry
index. Following is a summary of the changes: S&P SMALLCAP 600
INDEX - January 5, 2007 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Chattem Consumer Staples Personal Products
DELETED Fidelity Bankshares Financials Thrifts & Mortgage
Finance 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 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 7,500 employees,
including wholly owned affiliates, located in 21 countries,
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/. About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a leading global
information services provider meeting worldwide needs in the
financial services, education and business information markets
through leading brands such as Standard & Poor's, McGraw-Hill
Education, BusinessWeek and J.D. Power and Associates. The
Corporation has more than 240 offices in 36 countries. Sales in
2005 were $6.0 billion. Additional information is available at
http://www.mcgraw-hill.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/ http://www.mcgraw-hill.com/
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