Standard & Poor's Announces Changes to U.S. Index
17 Octubre 2005 - 6:07PM
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
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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/
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