Standard & Poor's Announces Changes to U.S. Index
18 Octobre 2005 - 1:07AM
PR Newswire (US)
NEW YORK, Oct. 17 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 after the close
of trading on Thursday, October 20: -- Open Solutions Inc. (NASD:
OPEN) will replace Brooktrout Inc. (NASD: BRKT). Brooktrout is
being acquired by privately-held EAS Group in a transaction
expected to close on or about that date. -- CNS Inc. (NASD: CNXS)
will replace Milacron Inc. (NYSE:MZ). Milacron has traded below
$2.00 per share for more than five consecutive days. -- Franklin
Bank Corp. (NASD: FBTX) will replace Applica Inc. (NYSE:APN). After
the close of trading on October 17 Applica had a market
capitalization of approximately $43 million, ranking 600th in the
index. Standard & Poor's will monitor these transactions, and
post any relevant updates on its website:
http://www.standardandpoors.com/ . Open Solutions provides an
enterprise-wide suite of software and services that perform data
processing and information management functions. Headquartered in
Glastonbury, CT, the company will be added to the S&P SmallCap
600 GICS (Global Industry Classification Standard) Application
Software Sub-Industry Index. CNS supplies consumer health care
products. Headquartered in Minneapolis, MN, the company will be
added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry
Index. Franklin Bank is a Texas-based savings and loan holding
company offering mortgage banking, commercial banking and community
banking products. Headquartered in Houston, TX, the company will be
added to the S&P SmallCap 600 GICS Thrifts & Mortgage
Finance Sub-Industry Index. Following is a summary of the changes:
S&P SMALLCAP 600 INDEX -- October 20, 2005 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Open Solutions Information
Technology Application Software DELETED Brooktrout Information
Technology Communications Equipment S&P SMALLCAP 600 INDEX --
October 20, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED CNS Health Care Pharmaceuticals DELETED Milacron Industrials
Industrial Machinery S&P SMALLCAP 600 INDEX -- October 20, 2005
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Franklin Bank
Financials Thrifts & Mortgage Finance DELETED Applica Consumer
Discretionary Household Appliances 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
independent credit ratings, indices, risk evaluation, investment
research and data. With approximately 6,300 employees located in 20
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/ . Founded in 1888, The McGraw-Hill
Companies is a leading global information services provider meeting
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Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has
more than 290 offices in 37 countries. Sales in 2004 were $5.3
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 of Standard & Poor's, +1-212-438-3907
Web site: http://www.standardandpoors.com/
http://www.mcgraw-hill.com/
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