Standard & Poor's Announces Changes to U.S. Indices
10 Luglio 2008 - 11:47PM
PR Newswire (US)
NEW YORK, July 10 /PRNewswire-FirstCall/ -- Standard & Poor's
will make the following changes to the S&P 500, S&P 100 and
S&P SmallCap 600 indices: -- MasterCard Inc. (NYSE:MA) will
replace ACE Ltd. (NYSE:ACE) in the S&P 500, and MasterCard will
replace General Motors Corp. (NYSE:GM) in the S&P 100 after the
close of trading on Thursday, July 17. ACE is in the process of
changing its place of incorporation to Switzerland, thus rendering
it ineligible for inclusion in the S&P U.S. indices. General
Motors will continue to be a member of the S&P 500. -- Natus
Medical Inc. (NASDAQ:BABY) will replace Chesapeake Corp. (NYSE:CSK)
in the S&P SmallCap 600 after the close of trading on Tuesday,
July 15. As of today's close of trading Chesapeake had a market
value of approximately $32 million, whereas the minimum market cap
a company must maintain in order to be eligible for addition to the
index is currently $300 million. Standard & Poor's will monitor
these transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/ . MasterCard specializes in
transaction processing and brand licensing. Headquartered in
Purchase, NY, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Data Processing &
Outsourced Services Sub-Industry index. Natus Medical provides
healthcare products used for screening, detection, treatment,
monitoring and tracking of common medical ailments. Headquartered
in San Carlos, CA, the company will be added to the S&P
SmallCap 600 GICS Health Care Equipment Sub-Industry index.
Following is a summary of the changes: S&P 500 INDEX -- July
17, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
MasterCard Information Technology Data Processing & Outsourced
Services DELETED ACE Ltd. Financials Property & Casualty
Insurance S&P 100 INDEX -- July 17, 2008 COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED MasterCard Information Technology
Data Processing & Outsourced Services DELETED General Motors
Consumer Discretionary Automobile Manufacturers S&P SMALLCAP
600 INDEX -- July 15, 2008 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Natus Medical Health Care Health Care Equipment
DELETED Chesapeake Materials Paper Packaging 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 Index Services Standard & Poor's Index
Services, the world's leading index provider, maintains a wide
variety of investable and benchmark indices to meet an array of
investor needs. Its family of indices includes the S&P 500, an
index with $1.5 trillion invested and $4.85 trillion benchmarked,
and the S&P Global 1200, a composite index comprised of seven
regional and country headline indices. For more information, please
visit http://www.standardandpoors.com/indices. 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 research and data. With approximately
8,500 employees, including wholly owned affiliates, located in 21
countries. 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
http://www.standardandpoors.com/ . DATASOURCE: Standard &
Poor's CONTACT: For more information contact: David M. Blitzer,
Ph.D. Managing Director & Chairman of the Index Committee
+1-212-438-3907 Web site: http://www.standardandpoors.com/
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