NEW YORK, Jan. 21 /PRNewswire-FirstCall/ -- NRG Energy Inc. (NYSE:NRG) will replace Sun Microsystems Inc. (NASDAQ:JAVA) in the S&P 500 after the close of trading on a date to be announced. Sun Microsystems is being acquired by S&P 100 & 500 constituent Oracle Corp. (NASDAQ:ORCL) in a cash deal expected to be completed soon, pending final approvals. Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/. NRG Energy is a wholesale power generation company. Headquartered in Princeton, NJ, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Independent Power Producers & Energy Traders Sub-Industry index. Following is a summary of the change: S&P 500 INDEX - TBA --------------------- COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ------------- -------------------- --------------------------- Independent Power Producers ADDED NRG Energy Utilities & Energy Traders ------- ------------- -------------------- --------------------------- Sun DELETED Microsystems Information Technology Computer Hardware ------- ------------- ---------------------- --------------------------- For more information about S&P Indices, please visit http://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 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 Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index. For more information, please visit http://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 nearly 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/ DATASOURCE: Standard & Poor's CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the Index Committee, +1-212-438-3907 Web Site: http://www.standardandpoors.com/

Copyright

Sun Microsystems (MM) (NASDAQ:JAVA)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Sun Microsystems (MM) Charts.
Sun Microsystems (MM) (NASDAQ:JAVA)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Sun Microsystems (MM) Charts.