NEW YORK, Sept. 27 /PRNewswire/ -- S&P will make the
following changes to the S&P MidCap 400 and SmallCap 600
Indices:
- Rackspace Hosting Inc. (NYSE: RAX) will replace AmeriCredit
Corp. (NYSE: ACF) in the S&P MidCap 400 after the close of
trading on Thursday, September 30.
AmeriCredit is being acquired by General Motors Holdings LLC
in a deal expected to close on or about that date pending final
approvals.
- S&P SmallCap 600 constituent Watsco Inc. (NYSE: WSO) will
replace Hewitt Associates Inc. (NYSE: HEW) in the S&P MidCap
400, and Super Micro Computer Inc. (NASD: SMCI) will replace Watsco
in the S&P SmallCap 600 after the close of trading on
Friday, October 1. Hewitt Associates
is being acquired by S&P 500 constituent Aon Corp. (NYSE: AON)
in a deal expected to close on or about that date pending final
approvals.
- Riverbed Technology Inc. (NASD: RVBD) will replace NBTY Inc.
(NYSE: NTY) in the S&P MidCap 400 after the close of trading on
a date to be announced. NBTY is being acquired by affiliates of The
Carlyle Group in a deal expected to close soon, pending the
completion of a marketing period.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Rackspace Hosting operates in the hosting and cloud computing
industry. Headquartered in San Antonio,
TX, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Internet Software &
Services Sub-Industry index.
Watsco distributes air conditioning, heating, and refrigeration
equipment and related parts and supplies. Headquartered in
Coconut Grove, FL, the company
will be added to the S&P MidCap 400 GICS Trading Companies
& Distributors Sub-Industry index.
Super Micro Computer Inc. designs, develops, manufactures, and
sells server solutions. Headquartered in San Jose, CA, the company will be added to the
S&P SmallCap 600 GICS Computer Hardware Sub-Industry index.
Riverbed Technology provides solutions to the fundamental
problems of wide-area distributed computing. Headquartered in
San Francisco, CA, the company
will be added to the S&P MidCap 400 GICS Communications
Equipment Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX
– September 30, 2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Rackspace Hosting
|
Information
Technology
|
Internet Software &
Services
|
|
DELETED
|
AmeriCredit
|
Financials
|
Consumer Finance
|
|
|
|
|
|
S&P MIDCAP 400
INDEX – October 1,
2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Watsco
|
Industrials
|
Trading Companies &
Distributors
|
|
DELETED
|
Hewitt Associates
|
Information
Technology
|
Data Processing & Outsourced
Services
|
|
|
|
|
|
S&P SMALLCAP 600
INDEX – October 1, 2010
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Super Micro Computer
|
Information
Technology
|
Computer Hardware
|
|
DELETED
|
Watsco
|
Industrials
|
Trading Companies &
Distributors
|
|
|
|
|
|
S&P MIDCAP 400
INDEX –
TBA
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Riverbed Technology
|
Information
Technology
|
Communications
Equipment
|
|
DELETED
|
NBTY
|
Consumer Staples
|
Personal Products
|
|
|
|
|
|
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 . 27 PR Newswire