WASHINGTON (dpa-AFX) - S&P Indices, a unit of McGraw-Hill Companies, Inc. (MHP) said Thursday that S&P MidCap 400 constituent AGL Resources Inc. (AGL) will replace Nicor Inc. (GAS) in the S&P 500 index, S&P SmallCap 600 constituent HSN Inc. (HSNI) will replace AGL Resources in the S&P MidCap 400 index, and EnerSys (ENS) will replace HSN in the S&P SmallCap 600 index after the close of trading on Monday, December 12 .
AGL Resources is acquiring Nicor in a deal expected to be completed before that date, pending final conditions.
To ensure each index more appropriately represents its market capitalization range, S&P will make some index adjustments effective after the close of trading on Friday, December 16. S&P MidCap 400 constituent BorgWarner Inc. (BWA) will replace AK Steel Holding Corp. (AKS) in the S&P 500 index, AK Steel Holding will replace Regeneron Pharmaceuticals Inc. (REGN) in the S&P SmallCap 600 index, and Regeneron Pharmaceuticals will replace BorgWarner in the S&P MidCap 400 index.
S&P MidCap 400 constituents Perrigo Co. (PRGO) and Dollar Tree Inc. (DLTR) will replace Monster Worldwide Inc. (MWW) and MEMC Electronic Materials Inc. (WFR) in the S&P 500 index, and Monster Worldwide and MEMC Electronic Materials will replace Perrigo and Dollar Tree in the S&P MidCap 400 index.
S&P SmallCap 600 constituents HMS Holdings Corp. (HMSY), World Fuel Services Corp. (INT) and CLARCOR Inc. (CLC) will replace The Ryland Group Inc. RYL), Cousins Properties Inc. (CUZ) and Career Education Corp. (CECO) in the S&P MidCap 400 index, and The Ryland Group, Cousins Properties and Career Education will replace HMS Holdings, World Fuel Services and CLARCOR in the S&P SmallCap 600 index.
Copyright RTT News/dpa-AFX
© 2011 AFX News
