NEW YORK, April 20, 2011 /PRNewswire/ -- S&P will make
the following changes to the S&P 500, S&P MidCap 400, and
S&P SmallCap 600 Indices:
- S&P MidCap 400 constituent Chipotle Mexican Grill Inc.
(NYSE:CMG) will replace Novell Inc. (NASD:NOVL) in the S&P 500
index, and UTi Worldwide Inc. (NASD:UTIW) will replace Chipotle
Mexican Grill in the S&P MidCap 400 index after the close of
trading on a date to be announced. Novell is being acquired by a
group of private equity firms in a transaction expected to be
completed soon, pending final conditions.
- S&P SmallCap 600 constituent CARBO Ceramics Inc. (NYSE:CRR)
will replace Beckman Coulter Inc. (NYSE:BEC) in the S&P MidCap
400 index, and Hawkins Inc. (NASD:HWKN) will replace Carbo Ceramics
in the S&P SmallCap 600 index after the close of trading on
Wednesday, April 27. Beckman Coulter is being acquired by S&P 500
constituent Danaher Corp. (NYSE:DHR) in a deal expected to be
completed soon pending final conditions.
Standard & Poor's will monitor these transactions and post
any relevant updates on its website: www.standardandpoors.com.
Chipotle Mexican Grill develops and operates Mexican food
restaurants. Headquartered in Denver,
CO, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Restaurants Sub-Industry
index.
UTi Worldwide operates as a supply chain services and solutions
company. Headquartered in Road Town, British Virgin Islands, the company will be
added to the S&P MidCap 400 GICS Air Freight & Logistics
Sub-Industry index.
CARBO Ceramics manufactures and supplies ceramic proppants
primarily used in the hydraulic fracturing of natural gas and oil
wells. Headquartered in Houston,
TX, the company will be added to the S&P MidCap 400 GICS
Oil & Gas Equipment & Services Sub-Industry index.
Hawkins manufactures, blends,
and distributes bulk and specialty chemicals. Headquartered in
Minneapolis, MN, the company will
be added to the S&P SmallCap 600 GICS Commodity Chemicals
Sub-Industry index.
Following is a summary of the changes:
|
S&P
500 INDEX – TBA
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Chipotle
Mexican Grill
|
Consumer
Discretionary
|
Restaurants
|
|
|
DELETED
|
Novell
|
Information
Technology
|
Systems
Software
|
|
|
|
|
|
|
S&P
MIDCAP 400 INDEX – TBA
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
UTi
Worldwide
|
Industrials
|
Air Freight
& Logistics
|
|
|
DELETED
|
Chipotle
Mexican Grill
|
Consumer
Discretionary
|
Restaurants
|
|
|
|
|
|
|
S&P
MIDCAP 400 INDEX – April 27, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
CARBO
Ceramics
|
Energy
|
Oil &
Gas Equipment & Services
|
|
|
DELETED
|
Beckman
Coulter
|
Health
Care
|
Health Care
Equipment
|
|
|
|
|
|
|
S&P
SMALLCAP 600 INDEX – April 27, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Hawkins
|
Materials
|
Commodity
Chemicals
|
|
|
DELETED
|
CARBO
Ceramics
|
Energy
|
Oil &
Gas Equipment & Services
|
|
|
|
|
|
For more information about S&P Indices, please visit
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 $1.25
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.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE Standard & Poor's