BRL Barr Pharmaceuticals

NEW YORK, Dec. 18 /PRNewswire/ -- Standard & Poor's is updating the market cap guidelines for its U.S. indices. Effective today, the new guidelines are: -- S&P 500 -- $3 billion or greater -- S&P MidCap 400 -- $750 million to $3.3 billion -- S&P SmallCap 600 -- $200 million to $ 1.0 billion "Standard & Poor's feels that the new market cap ranges for its U.S. indices are appropriate, based on our review of recent market activity, comments from index users and the current U.S. market cap distribution," says David Blitzer, Managing Director and Chairman of the Index Committee. The guidelines refer to a company's total market capitalization, not its float-adjusted cap. Standard & Poor's will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective after the close of trading on a date to be announced: -- S&P MidCap 400 constituent McAfee Inc. (NYSE:MFE) will replace Barr Pharmaceuticals Inc. (NYSE:BRL) in the S&P 500, S&P SmallCap 600 constituent LKQ Corp (NASD: LKQX) will replace McAfee in the S&P MidCap 400, and CIRCOR International Inc. (NYSE:CIR) will replace LKQ in the SmallCap 600. Barr Pharmaceuticals is being acquired by Teva Pharmaceuticals Industries Ltd. (NASD: TEVA) in a transaction that is still pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. McAfee is a security technology company. Headquartered in Santa Clara, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index. LKQ is a provider of recycled light vehicle products and aftermarket collision replacement products. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS Distributors Sub-Industry index. CIRCOR International designs, manufactures and distributes different valves and related fluid-control products. Headquartered in Burlington, MA, the company will be added to the S&P SmallCap 600 GICS Industrial Machinery Sub-Industry index. Following is a summary of the changes: S&P 500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED McAfee Information Technology Systems Software DELETED Barr Pharmaceuticals Health Care Pharmaceuticals S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED LKQ Consumer Discretionary Distributors DELETED McAfee Information Technology Systems Software S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED CIRCOR Industrials Industrial Machinery DELETED LKQ Consumer Discretionary Distributors 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: 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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