Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index
May 25 2011 - 5:15PM
PR Newswire (Canada)
TORONTO, May 25, 2011 /CNW/ -- TORONTO, May 25, 2011 /CNW/ -
Standard & Poor's will make the following changes in the
S&P/TSX Venture Composite Index after the close of trading on
Thursday, May 26, 2011: -- Rare Element Resources Ltd. (TSXVN:RES)
will be removed from the index. The company will graduate to trade
on TSX under the same ticker symbol. Rare Element will remain a
constituent of the S&P/TSX Venture 30 Index until the next
index rebalancing at the end of July, 2011. Company additions to
and deletions from an S&P equity index do not in any way
reflect an opinion on the investment merits of the company. About
S&P Indices S&P Indices, a part of McGraw-Hill Financial,
is the world's leading index provider maintaining a wide variety of
investable and benchmark indices. 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. About McGraw-Hill Financial
McGraw-Hill Financial, a part of The McGraw-Hill Companies (NYSE:
MHP), is a leading provider of research and analytical tools for
investment advisors, wealth managers and institutional investors.
It deploys the latest innovative technology strategies to deliver
to customers a portfolio of cross-asset analytics, integrated
desktop services, valuation and index benchmarks and investment
recommendations in the rapidly growing $16 billion financial
information, data and analytics market. To view this news release
in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/May2011/25/c7560.html
table tr valign="top" td align="left" Tony Northbr/ (416)
507-3204br/ a
href="mailto:sp_index@standardandpoors.com"sp_index@standardandpoors.com/a
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valign="top" align="left" Dave Guarinobr/ 1 212 438 1471br/ a
href="mailto:Dave_guarino@standardandpoors.com"Dave_guarino@standardandpoors.com/a
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