Standard & Poor's Announces Changes to U.S. Indices
November 17 2008 - 6:44PM
PR Newswire (US)
NEW YORK, Nov. 17 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P 100, S&P 500, S&P
MidCap 400 and S&P SmallCap 600 indices: -- Wyeth (NYSE:WYE)
will replace Anheuser-Busch Companies Inc. (NYSE: NYSE:BUD) in the
S&P 100, S&P MidCap 400 constituent Stericycle Inc.
(NASDAQ:SRCL) will replace Anheuser-Busch in the S&P 500,
S&P SmallCap 600 constituent Flowers Foods Inc. (NYSE:FLO) will
replace Stericycle in the S&P MidCap 400, and Diamond Foods
Inc. (NASDAQ: NASDAQ:DMND) will replace Flowers Foods in the
S&P SmallCap 600 after the close of trading on a date to be
announced. Anheuser-Busch is scheduled to be acquired by S&P
Global 1200 constituent InBev in a transaction that is still
pending final approvals. -- Life Technologies Corp. (NASDAQ:LIFE)
will replace Applied Biosystems Inc. (NYSE:ABI) in the S&P 500,
and Bio-Rad Laboratories Inc. (NYSE: NYSE:BIO) will replace
Invitrogen Corp. (NASDAQ:IVGN) in the S&P MidCap 400 after the
close of trading on Friday, November 21. Invitrogen is acquiring
Applied Biosystems in a transaction expected to close on or about
that date, pending final approvals. The merged company will take
the name Life Technologies Corp. Standard & Poor's will monitor
these transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/. Headquartered in Madison, NJ,
Wyeth specializes in pharmaceuticals, consumer healthcare, and
animal health products. Stericycle provides medical waste
collection, transportation, treatment and disposal services and
safety and compliance programs to health care companies.
Headquartered in Lake Forest, IL, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard)
Environmental & Facilities Services Sub-Industry index. Life
Technologies will be a developer, manufacturer and marketer of life
science research tools. Headquartered in Carlsbad, CA, the company
will be added to the S&P 500 GICS (Global Industry
Classification Standard) Life Sciences Tools & Services
Sub-Industry index. Bio-Rad Laboratories manufactures and supplies
life science products. Headquartered in Hercules, CA, the company
will be added to the S&P MidCap 400 GICS Life Sciences Tools
& Services Sub-Industry index. Flowers Foods produces and
markets packaged bakery foods for retail and foodservice customers.
Headquartered in Thomasville, GA, the company will be added to the
S&P MidCap 400 GICS Packaged Foods & Meats Sub-Industry
index. Diamond Foods processes, markets and distributes nuts.
Headquartered in San Francisco, CA, the company will be added to
the S&P SmallCap 600 GICS Packaged Foods & Meats
Sub-Industry index. Following is a summary of the changes: S&P
500 INDEX - November 21, 2008 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Life Technologies Health Care Life Sciences
Tools & Services DELETED Applied Biosystems Health Care Life
Sciences Tools & Services S&P MIDCAP 400 INDEX - November
21, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
Bio-Rad Laboratories Health Care Life Sciences Tools & Services
DELETED Invitrogen Health Care Life Sciences Tools & Services
S&P 100 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Wyeth Health Care Pharmaceuticals DELETED
Anheuser-Busch Consumer Staples Brewers S&P 500 INDEX - TBA
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Stericycle
Industrials Environmental & Facilities Services DELETED
Anheuser-Busch Consumer Staples Brewers S&P MIDCAP 400 INDEX -
TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Flowers
Foods Consumer Staples Packaged Foods & Meats DELETED
Stericycle Industrials Environmental & Facilities Services
S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Diamond Foods Consumer Staples Packaged Foods
& Meats DELETED Flowers Foods Consumer Staples Packaged Foods
& Meats 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 23
countries and markets, 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/
http://www.standardandpoors.com/indices
Copyright
Invitrogen (NASDAQ:IVGN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Invitrogen (NASDAQ:IVGN)
Historical Stock Chart
From Nov 2023 to Nov 2024