Standard & Poor's Announces Changes to U.S. Indices
May 13 2008 - 5:52PM
PR Newswire (US)
NEW YORK, May 13 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600: -- Under Armour Inc. (NYSE:UA) will replace IndyMac
Bancorp Inc. (NYSE:IMB) in the S&P MidCap 400 after the close
of trading on Thursday, May 15, 2008. As of today's close of
trading, IndyMac Bancorp had a market capitalization of
approximately $188 million, ranking 400th in the index. -- National
Financial Partners Corp. (NYSE:NFP) will replace LifeCell Corp.
(NASDAQ:LIFC) in the S&P SmallCap 600 after the close of
trading on Friday, May 16, 2008. LIFC is being acquired by S&P
MidCap 400 constituent Kinetic Concepts Inc. (NYSE:KCI) in a deal
expected to be completed on or about that date, pending final
approvals. Standard & Poor's will monitor these transactions,
and post any relevant updates on its website:
http://www.standardandpoors.com/. Under Armour Inc. is engaged in
the design, development, marketing and distribution of branded
performance products for men, women and youth. Headquartered in
Baltimore, MD, the company will be added to the S&P MidCap 400
GICS (Global Industry Classification Standard) Apparel, Accessories
& Luxury Goods Sub-Industry index. National Financial Partners
is an independent distributor of financial services products.
Headquartered in New York, NY, the company will be added to the
S&P SmallCap 600 GICS Insurance Brokers Sub-Industry index.
Following is a summary of the changes: S&P MIDCAP 400 INDEX -
May 15, 2008 COMPANY GICS ECONOMIC GICS SUB-INDUSTRY SECTOR ADDED
Under Armour Consumer Apparel, Accessories & Discretionary
Luxury Goods DELETED IndyMac Bancorp Financials Thrifts &
Mortgage Finance S&P SMALLCAP 600 INDEX - May 16, 2008 COMPANY
GICS ECONOMIC GICS SUB-INDUSTRY SECTOR ADDED National Financials
Insurance Brokers Financial Partners DELETED LifeCell Health Care
Biotechnology 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 $1.32 trillion
invested and $4.91 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, 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
2007 were $6.8 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/ http://www.mcgraw-hill.com/
Copyright
Indymac Bancorp (NYSE:IMB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Indymac Bancorp (NYSE:IMB)
Historical Stock Chart
From Jul 2023 to Jul 2024