NEW YORK, June 22 /PRNewswire/ -- S&P will make the
following changes to the S&P 500, S&P MidCap 400 and
S&P SmallCap 600 Indices after the close of trading on
Friday, June 25, 2010:
- S&P MidCap 400 constituent CarMax Inc. (NYSE: KMX) will
replace XTO Energy Inc. (NYSE: XTO) in the S&P 500, S&P
SmallCap 600 constituent Acuity Brands Inc. (NYSE: AYI) will
replace CarMax in the S&P MidCap 400, and Medifast Inc. (NYSE:
MED) will replace Acuity Brands in the S&P SmallCap 600 index.
S&P 100 & 500 constituent Exxon Mobil Inc. (NYSE: XOM) is
acquiring XTO Energy in a deal expected to be completed on or about
that date, pending final approvals.
- S&P SmallCap 600 constituent Gardner Denver Inc. (NYSE:
GDI) will replace Palm Inc. (Nasdaq: PALM) in the S&P MidCap
400 index, and Cogent Inc. (Nasdaq: COGT) will replace Gardner
Denver in the S&P SmallCap 600 index. S&P 100 &
500 constituent Hewlett-Packard Co. (NYSE: HPQ) is acquiring Palm
in a deal expected to be completed soon, pending final
approvals.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
CarMax operates as a retailer of used cars. Headquartered in
Richmond, VA, the company will be
added to the S&P 500 GICS (Global Industry Classification
Standard) Automotive Retail Sub-Industry index.
Acuity Brands designs, produces, and distributes indoor and
outdoor lighting fixtures and related products. Headquartered in
Atlanta, GA, the company will be
added to the S&P MidCap 400 GICS Electrical Components &
Equipment Sub-Industry index.
Medifast engages in the production, distribution, and sale of
weight management and disease management products. Headquartered in
Owings Mills, MD, the company will
be added to the S&P SmallCap 600 GICS Personal Products
Sub-Industry index.
Gardner Denver designs,
manufactures, and markets engineered industrial machinery and
related parts and services. Headquartered in Quincy, IL, the company will be added to the
S&P MidCap 400 GICS Industrial Machinery Sub-Industry
index.
Cogent provides automated fingerprint identification systems and
other fingerprint biometrics solutions to governments, law
enforcement agencies, and other organizations. Headquartered in
Pasadena, CA, the company will be
added to the S&P SmallCap 600 GICS Electronic Equipment &
Instruments Sub-Industry index.
Following is a summary of the changes:
|
|
S&P 500 INDEX
– June 25, 2010
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
CarMax
|
Consumer
Discretionary
|
Automotive Retail
|
|
DELETED
|
XTO Energy
|
Energy
|
Oil & Gas Exploration
& Production
|
|
|
|
|
|
|
|
|
|
S&P MIDCAP 400 INDEX
– June 25, 2010
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Acuity Brands
|
Industrials
|
Electrical Components &
Equipment
|
|
|
Gardner Denver
|
Industrials
|
Industrial
Machinery
|
|
DELETED
|
CarMax
|
Consumer
Discretionary
|
Automotive Retail
|
|
|
Palm
|
Information
Technology
|
Communications Equipment
|
|
|
|
|
|
|
|
|
|
S&P SMALLCAP 600
INDEX – June 25, 2010
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Medifast
|
Consumer Staples
|
Personal Products
|
|
|
Cogent
|
Information
Technology
|
Electronic Equipment &
Instruments
|
|
DELETED
|
Acuity Brands
|
Industrials
|
Electrical Components &
Equipment
|
|
|
Gardner Denver
|
Industrials
|
Industrial
Machinery
|
|
|
|
|
|
|
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
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