NEW YORK, Oct. 7 /PRNewswire/ -- S&P will make the
following changes to the S&P MidCap 400 and SmallCap 600
Indices:
- Rofin-Sinar Technologies Inc. (Nasdaq: RSTI) will replace
Cogent Inc. (Nasdaq: COGT) in the S&P SmallCap 600 after the
close of trading on Tuesday, October
12. Cogent is being acquired by S&P 100 & 500
constituent 3M Co. (NYSE: MMM) in a deal expected to be completed
soon, pending final approvals and conditions.
- S&P SmallCap 600 constituent Dril-Quip Inc. (NYSE: DRQ)
will replace Burger King Holdings Inc. (NYSE: BKC) in the S&P
MidCap 400, and Atlantic Tele-Network Inc. (Nasdaq: ATNI) will
replace Dril-Quip in the S&P SmallCap 600 after the close of
trading on Thursday, October 14. 3G
Capital is acquiring Burger King in a deal expected to be completed
soon pending final approvals and conditions.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Rofin-Sinar Technologies Inc. engages in the design,
development, engineering, manufacture, and marketing of industrial
lasers and supplies. Headquartered in Plymouth, MI, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard)
Electronic Equipment & Instruments Sub-Industry index.
Dril-Quip designs, manufactures, fabricates, inspects,
assembles, tests, and markets engineered offshore drilling and
production equipment. Headquartered in Houston, TX, the company will be added to the
S&P MidCap 400 GICS Oil & Gas Equipment & Services
Sub-Industry index.
Atlantic Tele-Network provides telecommunications services.
Headquartered in Beverly, MA, the
company will be added to the S&P SmallCap 600 GICS Integrated
Telecommunication Services Sub-Industry index.
Following is a summary of the changes:
|
|
S&P SMALLCAP 600 INDEX
– October 12, 2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Rofin-Sinar
Technologies
|
Information
Technology
|
Electronic Equipment &
Instruments
|
|
DELETED
|
Cogent
|
Information
Technology
|
Electronic Equipment &
Instruments
|
|
|
|
|
|
|
|
|
|
S&P MIDCAP 400 INDEX
– October 14, 2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Dril-Quip
|
Energy
|
Oil & Gas Equipment &
Services
|
|
DELETED
|
Burger King Holdings
|
Consumer
Discretionary
|
Restaurants
|
|
|
|
|
|
|
|
|
|
S&P SMALLCAP 600
INDEX – October 14, 2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Atlantic Tele-Network
|
Telecommunciation
Services
|
Integrated Telecommunication
Services
|
|
DELETED
|
Dril-Quip
|
Energy
|
Oil & Gas Equipment &
Services
|
|
|
|
|
|
|
|
About S&P Indices
S&P Indices, the world's leading index provider, 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.
About Standard & Poor's
Standard & Poor's, a subsidiary 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 offices in 23 countries and markets, Standard & Poor's is
an essential part of the world's financial infrastructure and has
played a leading role for 150 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.
SOURCE Standard & Poor's
Copyright t. 7 PR Newswire