NEW YORK, Nov. 9 /PRNewswire/ -- UCBH Holdings Inc. will be deleted from the S&P SmallCap 600 after the close of trading on Tuesday, November 10. The company's main subsidiary has been placed into Federal Deposit Insurance Corporation receivership.
UCBH's place in the S&P SmallCap 600 will be taken by Lumber Liquidators Inc. effective after the close of trading on Monday, November 16. The S&P SmallCap 600 will trade with 599 stocks until that time.
Standard & Poor's will monitor this action, and post any relevant updates on its website: http://www.standardandpoors.com/.
Lumber Liquidators is a specialty retailer of hardwood flooring. Headquartered in Toano, VA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Home Improvement Retail Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - NOVEMBER 10, 2009 ------------------------------------------------------- COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY --------- ----------------------- ----------------- DELETED UCBH Financials Regional Banks Holdings -------- --------- ----------------------- ----------------- S&P SMALLCAP 600 INDEX - NOVEMBER 16, 2009 -------------------------------------------------------- COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ---------- ----------------------- ----------------- ADDED Lumber Consumer Discretionary Home Improvement Liquidators Retail ------ ----------- ----------------------- ---------------- About Standard & Poor's Index Services
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