Standard & Poor's Announces Semi-Annual Reconstitution of Standard & Poor's/Barra Growth and Value Indices
December 10 2004 - 7:12PM
PR Newswire (US)
Standard & Poor's Announces Semi-Annual Reconstitution of
Standard & Poor's/Barra Growth and Value Indices NEW YORK, Dec.
10 /PRNewswire/ -- Standard & Poor's will make its semi-annual
changes to the S&P 500/Barra Growth, S&P 500/Barra Value,
S&P MidCap 400/Barra Growth, S&P MidCap 400/Barra Value,
S&P SmallCap 600/Barra Growth and S&P SmallCap 600/Barra
Value indices after the close of trading on Friday, December 17,
2004. On March 18, 2005, the S&P/Barra Growth and Value indices
and their S&P parent indices will transition in their entirety
to a half-float market capitalization-weighted structure. The
companies involved in the U.S. index restructuring announced on
December 8, as well as all subsequent additions, will be added to
their new S&P/Barra and parent S&P indices at their
half-float market capitalization weights. A stock's categorization
as either "growth" or "value" is determined by its book-to-price
ratio. Using this measure, each U.S. index is split into two
mutually exclusive sets, each of which comprises roughly half of
the index's total market capitalization. Each S&P/Barra Value
Index contains stocks with higher book-to-price ratios, whereas
each S&P/Barra Growth Index includes stocks whose book-to-price
ratios are lower. Like the parent indices from which they are
derived, the growth and value indices are market
capitalization-weighted. Following is a summary of the changes:
S&P 500 Companies Transferring from Growth to Value TICKER
COMPANY A Agilent Technologies AMAT Applied Materials CAH Cardinal
Health, Inc. DPH Delphi Corporation FNM Fannie Mae KLAC KLA-Tencor
Corp. KSS Kohl's Corp. MMC Marsh & McLennan MYL Mylan
Laboratories NFB North Fork Bancorporation NSM National
Semiconductor PFE Pfizer, Inc. SLR Solectron TER Teradyne Inc. TXN
Texas Instruments S&P 500 Companies Transferring from Value to
Growth TICKER COMPANY AAPL Apple Computer BHI Baker Hughes CA
Computer Associates Intl. CNP CenterPoint Energy DGX Quest
Diagnostics FLR Fluor Corp. (New) GENZ Genzyme Corp. GLW Corning
Inc. GT Goodyear Tire & Rubber GTW Gateway Inc. HET Harrah's
Entertainment HSP Hospira Inc. ITW Illinois Tool Works LMT Lockheed
Martin Corp. MAR Marriott Int'l. MAT Mattel, Inc. MEDI MedImmune
Inc. NWL Newell Rubbermaid Co. PCAR PACCAR Inc. QLGC QLogic Corp.
ROK Rockwell Automation, Inc. SGP Schering-Plough SWK Stanley Works
TGT Target Corp. TXU TXU Corp. XOM Exxon Mobil Corp. S&P MidCap
400 Companies Transferring from Growth to Value TICKER COMPANY ATML
Atmel Corp. ATVI Activision, Inc. CEN Ceridian Corp. (New) CY
Cypress Semiconductor CYN City National Corp. DV DeVRY Inc. FIC
Fair, Isaac Corporation IRF Intl Rectifier JEC Jacobs Engineering
Group KKD Krispy Kreme Doughnuts LEE Lee Enterprises LTXX LTX Corp.
MENT Mentor Graphics NDN 99 (Cents) Only Stores OCR Omnicare, Inc.
PRGO Perrigo Co. RCII Rent-A-Center SMG Scotts Co 'A' SNDK SanDisk
Corporation SNPS Synopsys Inc. VAL Valspar Corp VARI Varian Inc.
S&P MidCap 400 Companies Transferring from Value to Growth
TICKER COMPANY ACI Arch Coal ADVS Advent Software, Inc. ARG Airgas
Inc. ASBC Associated Banc-Corp. BTU Peabody Energy CK Crompton
Corporation CNF CNF Inc. DDR Developers Diversified Realty DY Dycom
Industries HRS Harris Corp. HSC Harsco Corp. LANC Lancaster Colony
NBL Noble Energy, Inc NOI National-Oilwell Inc. PCP Precision
Castparts PNR Pentair Inc. STR Questar Corp. VRC Varco Int'l
S&P SmallCap 600 Companies Transferring from Growth to Value
TICKER COMPANY ACDO Accredo Health ACLS Axcelis Technologies AEIS
Advanced Energy Industries BDY Bradley Pharmaceuticals BELFB Bel
Fuse, Inc. BGG Briggs & Stratton BRKS Brooks Automation Inc.
CCRD Concord Communications CENX Century Aluminum Co. CYMI Cymer,
Inc. DCOM Dime Community Bancshares DJO dj Orthopedics, Inc. DSPG
DSP Group FEIC FEI Company FMT Fremont Gen'l FRED Fred's Inc. FWHT
FindWhat.com GB Wilson Greatbatch Technologies Inc. GFF Griffon
Corp. GLDB Gold Banc ICUI ICU Medical IGI Imagistics International
IO Input/Output Inc. IRN Rewards Network Inc. ITRI Itron, Inc. JILL
J Jill Group KOPN Kopin Corp MAPS MapInfo Corp. MGAM Multimedia
Games Inc. MNC Monaco Coach MROI MRO Software Inc. MVK Maverick
Tube Corp. NDC NDCHealth Corp. PDX Pediatrix Medical Group PHCC
Priority Healthcare Corp. PHTN Photon Dynamics RGR Sturm Ruger SBSE
SBS Technologies SNS The Steak n Shake Co. TRDO Intrado Inc. TTEK
Tetra Tech USPI United Surgical Partners Int'l VECO Veeco
Instruments VICR Vicor Corp VSEA Varian Semiconductor Equip.
S&P SmallCap 600 Companies Transferring from Value to Growth
TICKER COMPANY AGP AMERIGROUP Corp. ATW Atwood Oceanics, Inc. BBX
BankAtlantic Bancorp CAI CACI International Services CLF
Cleveland-Cliffs CRY Cryolife, Inc. CTR Cato Corporation DGII Digi
International EDO EDO Corp. EFD eFunds Corp. EGN Energen Corp GY
Gencorp IFSIA Interface Inc'A' IHP IHOP Corp ISSX Internet Security
Systems JLG JLG Industries, Inc. KEX Kirby Corp KRC Kilroy Realty
Corporation LAWS Lawson Products LSS Lone Star Technology MANT
ManTech International 'A' MTH Meritage Homes Corp. NJR New Jersey
Resources NLS The Nautilus Group PHLY Philadelphia Consol. Hldg.
PVH Phillips-Van Heusen RAH Ralcorp Holdings RBNC Republic Bancorp
Inc. REM Remington Oil & Gas ROXI Roxio, Inc. SUPX Supertex
Inc. TOO Too, Inc. UBSI United Bankshares, Inc. WPP Wausau-Mosinee
Paper Corp. WRLD World Acceptance Corp. XEC Cimarex Energy Co.
Company 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. Standard & Poor's, a division of The
McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider
of independent credit ratings, indices, risk evaluation, investment
research, data and valuations. With 5000 employees located in 20
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/. Founded in 1888, The McGraw-Hill
Companies is a leading global information services provider meeting
worldwide needs in the financial services, education and business
information markets through leading brands such as Standard &
Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has
more than 280 offices in 40 countries. Sales in 2003 were $4.8
billion. Additional information is available at
http://www.mcgraw-hill.com/. DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D. Managing Director, Quantitative
Services (212) 438-3907 Web site: http://www.mcgraw-hill.com/ Web
site: http://www.standardandpoors.com/
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