Standard & Poor's Announces Changes to U.S. Indices
May 24 2007 - 7:31PM
PR Newswire (US)
NEW YORK, May 24 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices: -- Digital River Inc. (NASDAQ:DRIV) will
replace Duquesne Light Holdings Inc. (NYSE:DQE) in the S&P
MidCap 400 after the close of trading on Thursday, May 31. Duquesne
is being acquired by a consortium led by Macquarie Infrastructure
Partners in a deal expected to close on or about that date, pending
final approvals. Digital River was originally announced as the
replacement for OSI Restaurant Partners Inc. (NYSE:OSI). A new
replacement for OSI Restaurant Partners will be named at a later
date. -- S&P SmallCap 600 constituent NBTY Inc. (NYSE:NTY) will
replace Claire's Stores Inc. (NYSE:CLE) in the S&P MidCap 400
and AMIS Holdings Inc. (NASDAQ:AMIS) will replace NBTY Inc. in the
S&P SmallCap 600 after the close of trading on a date to be
announced. Claire's Stores is being acquired by Apollo Management,
L.P in a deal still pending final approvals. -- Authorize.Net
Holdings, Inc. (NASDAQ:ANET) will replace Steel Technologies Inc.
(NASDAQ:STTX) in the S&P SmallCap 600 after the close of
trading on a date to be announced. Steel Technologies is being
acquired by Mitsui & Co. (U.S.A.), Inc. in a deal still pending
final approvals. Standard & Poor's will monitor these
transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/. Digital River provides outsourced
e-commerce solutions to software and high-tech products markets,
and retailers. Headquartered in Eden Prairie, MN, the company will
be added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Internet Software & Services
Sub-Industry index. NBTY Inc. engages in the manufacture,
marketing, and retail of nutritional supplements. Headquartered in
Bohemia, NY, the company will be added to the S&P MidCap 400
GICS Personal Products Sub-Industry index. AMIS Holdings engages in
the design and manufacture of customer-specific mixed signal
semiconductor products. Headquartered in Pocatello, ID the company
will be added to the S&P SmallCap 600 GICS Semiconductors
Sub-Industry index. Authorize.Net provides payment-processing
solutions in the United States. Headquartered in Marlborough, MA
the company will be added to the S&P SmallCap 600 GICS Data
Processing & Outsourced Services Sub-Industry index. Following
is a summary of the changes: S&P MIDCAP 400 INDEX - May 31,
2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Digital
River Information Technology Internet Software & Services
DELETED Duquesne Utilities Electric Utilities S&P MIDCAP 400
INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED NBTY Inc. Consumer Staples Personal Products
DELETED Claire's Stores Consumer Discretionary Specialty Stores
S&P SMALLCAP 600 INDEX - To Be Announced COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED AMIS Holdings Information Technology
Semiconductors DELETED NBTY Inc. Consumer Staples Personal Products
S&P SMALLCAP 600 INDEX - To Be Announced COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED Authorize.Net Information Technology
Data Procaessing & Outsourced Services DELETED Steel
Technologies Materials Steel 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 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
7,500 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/. About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) 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, McGraw-Hill
Education, BusinessWeek and J.D. Power and Associates. The
Corporation has more than 280 offices in 40 countries. Sales in
2006 were $6.3 billion. Additional information is available at
http://www.mcgraw-hill.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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