NEW YORK, Oct. 6 /PRNewswire/ -- S&P will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 Indices after the close of trading on Tuesday, October 13:
-- S&P SmallCap 600 constituent Atmos Energy Corp. will replace Sepracor Inc. in the S&P MidCap 400, and Monro Muffler Brake Inc. will replace Atmos Energy in the S&P SmallCap 600. Sepracor is being acquired by Dainippon Sumitomo Pharma Co. Ltd. in a deal expected to be completed on or about that date.
-- USA Mobility Inc. will replace Cascade Bancorp , and BJ's Restaurants Inc. will replace Frontier
Financial Corp. in the S&P SmallCap 600. Cascade Bancorp and Frontier Financial both have market capitalizations below $40 million, ranking them 599th and 600th in the index, respectively.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.
Atmos Energy is engaged primarily in the regulated natural gas distribution and transmission and storage businesses, as well as other nonregulated natural gas businesses. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Gas Utilities Sub-Industry index.
Monro Muffler Brake operates stores providing automotive undercar repair and tire services. Headquartered in Rochester, NY, the company will be added to the S&P SmallCap 600 GICS Automotive Retail Sub-Industry index.
USA Mobility is a provider of wireless communications solutions to the healthcare, government, enterprise and emergency response sectors. Headquartered in Alexandria, VA, the company will be added to the S&P SmallCap 600 GICS Wireless Telecommunication Services Sub-Industry index.
BJ's Restaurants owns and operates restaurants. Headquartered in Huntington Beach, CA, the company will be added to the S&P SmallCap 600 GICS Restaurants Sub-Industry index
Following is a summary of the changes: S&P MIDCAP 400 INDEX - October 13, 2009 ---------------------------------------- GICS ECONOMIC COMPANY SECTOR GICS SUB-INDUSTRY ------- ------------- ----------------- ADDED Atmos Utilities Gas Utilities Energy DELETED Sepracor Health Care Pharmaceuticals S&P SMALLCAP 600 INDEX - October 13, 2009 -------------------------------------------- GICS ECONOMIC COMPANY SECTOR GICS SUB-INDUSTRY ------- ------------- ----------------- ADDED Monro Muffler Consumer Automotive Brake Discretionary Retail USA Mobility Telecommunication Wireless Services Telecommunication Services BJ's Restaurants Consumer Restaurants Discretionary DELETED Atmos Energy Utilities Gas Utilities Cascade Bancorp Financials Regional Banks Frontier Financial Financials Regional Banks About Standard & Poor's Index Services
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