Standard & Poor's Announces Changes to U.S. Indices
March 09 2009 - 6:01PM
PR Newswire (US)
NEW YORK, March 9 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices after the close of trading on Monday, March
16, 2009: -- S&P SmallCap 600 constituent Owens & Minor
Inc. (NYSE:OMI) will replace Chemtura Corp. (NYSE:CEM) in the
S&P MidCap 400, and Helen of Troy Ltd. (NASDAQ:HELE) will
replace Owens & Minor in the S&P SmallCap 600. As of
today's close of trading, Chemtura had a market capitalization of
$39 million, ranking it 400th in the index. -- AZZ Inc. (NYSE:AZZ)
will replace A.H. Belo Corp. (NYSE:AHC) in the S&P SmallCap
600. As of today's close of trading, A.H. Belo had a market
capitalization of $15 million, ranking it 600th in the index.
Standard & Poor's will monitor these transactions, and post any
relevant updates on its website: http://www.standardandpoors.com/.
Owens & Minor is a distributor of medical and surgical supplies
to the acute-care market and a healthcare supply-chain management
company. Headquartered in Richmond, VA, the company will be added
to the S&P 400 GICS (Global Industry Classification Standard)
Health Care Distributors Sub-Industry index. Helen of Troy is a
designer, developer, importer and distributor of consumer products.
Headquartered in El Paso, TX, the company will be added to the
S&P SmallCap 600 GICS Household Appliances Sub-Industry index.
AZZ is an electrical equipment and components manufacturer.
Headquartered in Fort Worth, TX, the company will be added to the
S&P SmallCap 600 GICS Heavy Electrical Equipment Sub-Industry
index. Following is a summary of the changes: S&P MIDCAP 400
INDEX - March 16, 2009 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Owens & Minor Health Care Health Care
Distributors DELETED Chemtura Materials Specialty Chemicals S&P
SMALLCAP 600 INDEX - March 16, 2009 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED Helen of Troy Consumer Discretionary
Household Appliances AZZ Industrials Heavy Electrical Equipment
DELETED Owens & Minor Health Care Health Care Distributors A.H.
Belo Consumer Discretionary Publishing 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/
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