NEW YORK, April 5 /PRNewswire/ -- S&P SmallCap 600
constituent The Dress Barn Inc. (Nasdaq: DBRN) will replace Terra
Industries Inc. (NYSE: TRA) in the S&P MidCap 400 index,
and NorthWestern Corp. (NYSE: NWE) will replace The Dress Barn in
the S&P SmallCap 600 index after the close of trading on
Friday, April 9. Terra
Industries is being acquired by S&P 500 constituent CF
Industries Holdings Inc. (NYSE: CF) in an exchange offer expected
to be completed on or about that date, pending final results.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
Dress Barn operates a chain of women's apparel specialty stores.
Headquartered in Suffern, NY, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Apparel Retail Sub-Industry
index.
NorthWestern provides electricity and natural gas to
residential, commercial, and industrial customers in Montana, South
Dakota, and Nebraska.
Headquartered in Sioux Falls, SD,
the company will be added to the S&P SmallCap 600 GICS
Multi-Utilities Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX
– April 9, 2010
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Dress Barn
|
Consumer
Discretionary
|
Apparel Retail
|
|
DELETED
|
Terra Industries
|
Materials
|
Fertilizers & Agricultural
Chemicals
|
|
|
|
|
|
S&P SMALL CAP 600
INDEX – April 9, 2010
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
NorthWestern
|
Utilities
|
Multi-Utilities
|
|
DELETED
|
Dress Barn
|
Consumer
Discretionary
|
Apparel Retail
|
|
|
|
|
|
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SOURCE Standard & Poor's