Standard & Poor's Announces Changes to U.S. Index
25 Octubre 2007 - 5:04PM
PR Newswire (US)
NEW YORK, Oct. 25 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 index after the
close of trading on October 31, 2007: -- Zep Inc. (NYSE:ZEPwi) will
replace Cost Plus Inc. (NASD: CPWM) in the S&P SmallCap 600.
Zep is being spun off by S&P SmallCap 600 constituent Acuity
Brands Inc. (NYSE:AYI) in a transaction expected to close on or
about that date. At today's close of trading, Cost Plus had a
market capitalization of approximately $72 million, ranking 600th
in the index. -- Patriot Coal Corp. (NYSE:PCXwi) will replace
PolyMedica Corp. (NASD: PLMD) in the S&P SmallCap 600.
PolyMedica is being acquired by S&P 500 constituent MedcoHealth
Solutions Inc. (NYSE:MHS) in a deal expected to close on or about
that date, pending final approvals. Patriot is being spun off by
S&P 500 constituent Peabody Energy Corp. (NYSE:BTU) in a
transaction expected to close on or about that date. Standard &
Poor's will monitor these transactions, and post any relevant
updates on its website: http://www.standardandpoors.com/. Zep
provides cleaning and maintenance products. Headquartered in
Atlanta, GA, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Specialty Chemicals
Sub-Industry index. Patriot Coal produces coal in the United
States. Headquartered in St. Louis, MO, the company will be added
to the S&P SmallCap 600 GICS Coal & Consumable Fuels
Sub-Industry index. Following is a summary of the changes: S&P
SMALLCAP 600 INDEX -- October 31, 2007 COMPANY GICS ECONOMIC GICS
SUB-INDUSTRY SECTOR ADDED Zep Materials Specialty Chemicals DELETED
Cost Plus Consumer Homefurnishing Discretionary Retail S&P
SMALLCAP 600 INDEX -- October 31, 2007 COMPANY GICS ECONOMIC GICS
SUB-INDUSTRY SECTOR ADDED Patriot Coal Energy Coal & Consumable
Fuels DELETED PolyMedica Health Care Health Care Supplies 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
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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
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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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