NEW YORK, Oct. 31, 2011 /PRNewswire/ -- S&P
SmallCap 600 constituent Signature Bank (NASD: SBNY) will replace
Kinetic Concepts Inc. (NYSE: KCI) in the S&P MidCap 400 index,
and OPNET Technologies Inc. (NASD: OPNT) will replace Signature
Bank in the S&P SmallCap 600 index after the close of trading
on Friday, November 4. Kinetic
Concepts is being acquired by a group led by Apax Partners in a
deal expected to be completed on or about that date pending final
conditions.
S&P Indices will monitor this transaction, and post any
relevant updates on its website: www.standardandpoors.com.
Signature Bank provides business and personal banking products
and services. Headquartered in New York,
NY, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Regional Banks
Sub-Industry index.
OPNET Technologies provides application and network performance
management solutions. Headquartered in Bethesda, MD, the company will be added to the
S&P SmallCap 600 GICS Systems Software Sub-Industry index.
Following is a summary of the changes:
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S&P
MIDCAP 400 INDEX – November 4, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Signature
Bank
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Financials
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Regional
Banks
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DELETED
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Kinetic
Concepts
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Health
Care
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Health Care
Equipment
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S&P
SMALLCAP 600 INDEX – November 4, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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OPNET
Technologies
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Information
Technology
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Systems
Software
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DELETED
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Signature
Bank
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Financials
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Regional
Banks
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For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill Companies
(NYSE: MHP), maintains a wide variety of investable and benchmark
indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard
& Poor's family of indices, which includes the S&P 500, the
world's most followed stock market index, the S&P/Case-Shiller
Home Price Indices, the leading measure of U.S. home prices, the
S&P Global BMI, an index with approximately 11,000
constituents, the S&P GSCI, the industry's most closely watched
commodities index, and the S&P National AMT-Free Municipal Bond
Index, the premier investable index for U.S. municipal bonds. For
more information, please visit:
www.standardandpoors.com/indices.
For more information
contact:
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David M. Blitzer,
Ph.D.
Managing Director & Chairman
of the Index Committee
(212) 438-3907
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SOURCE S&P Indices