Standard & Poor's Announces Changes to U.S. Indices
15 Janvier 2009 - 12:20AM
PR Newswire (US)
NEW YORK, Jan. 14 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices: -- S&P SmallCap 600 constituent Landstar
System Inc. (NASDAQ:LSTR) will replace Pacific Sunwear of
California Inc. (NASDAQ:PSUN) in the S&P MidCap 400, and
American Science and Engineering Inc. (NASDAQ:ASEI) will replace
Landstar System in the S&P SmallCap 600, after the close of
trading on Friday, January 16. On the same date, S&P SmallCap
600 constituent Immucor Inc. (NASDAQ:BLUD) will replace Furniture
Brands International Inc. (NYSE:FBN) in the S&P MidCap 400, and
AeroVironment Inc. (NASDAQ:AVAV) will replace Immucor in the
S&P SmallCap 600. As of today's close of trading, Pacific
Sunwear and Furniture Brands had market capitalizations of
approximately $74 million and $109 million respectively, whereas
the minimum market capitalization needed for admission to the
S&P MidCap 400 index is currently $750 million. --
Bio-Reference Laboratories Inc. (NASDAQ:BRLI) will replace Mentor
Corp. (NYSE:MNT) in the S&P SmallCap 600 after the close of
trading on a date to be announced. S&P 100 & 500
constituent Johnson & Johnson (NYSE:JNJ) is acquiring Mentor in
a transaction expected to be completed soon, pending final
approvals. Standard & Poor's will monitor these transactions,
and post any relevant updates on its website:
http://www.standardandpoors.com/. Landstar System is a provider of
transportation capacity and logistics services. Headquartered in
Jacksonville, FL, the company will be added to the S&P MidCap
400 GICS (Global Industry Classification Standard) Trucking
Sub-Industry index. American Science and Engineering develops,
manufactures, markets, and sells X-ray and other inspection
equipment. Headquartered in Billerica, MA, the company will be
added to the S&P SmallCap 600 GICS Aerospace & Defense
Sub-Industry index. Immucor provides automated instrument-reagent
systems to the blood transfusion industry. Headquartered in
Norcross, GA, the company will be added to the S&P MidCap 400
GICS Health Care Supplies Sub-Industry index. AeroVironment
designs, develops, produces and supports a portfolio of small
unmanned aircraft systems, and fast-charge systems for electric
industrial vehicle batteries. Headquartered in Monrovia, CA, the
company will be added to the S&P SmallCap 600 GICS Aerospace
& Defense Sub-Industry index. Bio-Reference Laboratories is an
independent regional clinical laboratory. Headquartered in Elmwood
Park, NJ, the company will be added to the S&P SmallCap 600
GICS Health Care Services Sub-Industry index. Following is a
summary of the changes: S&P MIDCAP 400 INDEX - January 16, 2009
COMPANY GICS ECONOMIC GICS SECTOR SUB-INDUSTRY ADDED Landstar
System Industrials Trucking Immucor Health Care Health Care
Supplies DELETED Pacific Sunwear of Consumer Apparel Retail
California Discretionary Furniture Brands Consumer Home
Discretionary Furnishings S&P SMALLCAP 600 INDEX - January 16,
2009 COMPANY GICS ECONOMIC GICS SECTOR SUB-INDUSTRY ADDED American
Science & Industrials Aerospace & Defense Engineering
AeroVironment Industrials Aerospace & Defense DELETED Landstar
System Industrials Trucking Immucor Health Care Health Care
Supplies S&P SMALLCAP 600 INDEX - TBA COMPANY GICS GICS
ECONOMIC SECTOR SUB-INDUSTRY ADDED Bio-Reference Health Care Health
Care Laboratories Services DELETED Mentor Health Care Health Care
Equipment 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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