Standard & Poor's Announces Change to U.S. Index
10 Janvier 2007 - 11:51PM
PR Newswire (US)
NEW YORK, Jan. 10 /PRNewswire/ -- Triad Guaranty Inc. (NASDAQ:TGIC)
will replace Veritas DGC Inc. (NYSE:VTS) in the S&P SmallCap
600 index after the close of trading on Friday, January 12, 2007.
Veritas is being acquired by Compagnie Generale de Geophysique 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/. Triad provides private mortgage
insurance coverage to lenders and investors in the United States.
Headquartered in Winston-Salem, NC, the company will be added to
the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Thrifts & Mortgage Finance Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX -
January 12, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Triad Guaranty Financials Thrifts & Mortgage Finance
DELETED Veritas Energy Oil & Gas Equipment & Services
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/
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