NEW YORK, Nov. 27 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600 index:
* California Pizza Kitchen Inc. (NASD: CPKI) will replace Harbor Florida
Bancshares Inc. (NASD: HARB) in the S&P SmallCap 600 index after the
close of trading on Thursday, November 30. Harbor Florida is being
acquired by S&P 500 constituent National City Corp. in a
deal expected to close on or about that date, pending final approvals.
* Digene Corp. (NASD: DIGE) will replace NS Group Inc. in the
S&P SmallCap 600 index after the close of trading on Friday, December 1.
NS Group is being acquired by S&P Global 1200 constituent IPSCO Inc. in
a deal expected to close 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/.
California Pizza Kitchen owns, licenses, and franchises a chain of premium pizza restaurants. Headquartered in Los Angeles, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Restaurants Sub-Industry index.
Digene engages in the development, marketing, and manufacturing of gene- based tests used primarily for the screening, monitoring, and diagnosis of women's cancers and infectious diseases. Headquartered in Gaithersburg, MD, the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub- Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX - November 30, 2006
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED California Pizza Consumer Discretionary Restaurants
DELETED Harbor Florida Financials Thrifts & Mortgage
Finance
S&P SMALLCAP 600 INDEX - December 1, 2006
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Digene Health Care Biotechnology
DELETED NS Group Energy Oil & Gas Equipment &
Services
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.
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