NEW YORK, Sept. 3 /PRNewswire/ -- Kaiser Aluminum Corp. (NASD: KALU) will replace Superior Well Services Inc. (NASD: SWSI) in the S&P SmallCap 600 index after the close of trading on a date to be announced. Superior Well Services is being acquired by S&P 500 constituent Nabors Industries Ltd. in a deal expected to close soon, pending final conditions.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Kaiser Aluminum manufactures semi-fabricated aluminum products. Headquartered in Foothill Ranch, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Aluminum Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - TBA GICS ECONOMIC GICS SUB- COMPANY SECTOR INDUSTRY Kaiser ADDED Aluminum Materials Aluminum ----- --------- --------- -------- Superior Oil & Gas Well Equipment & DELETED Services Energy Services ------- --------- ------ ------------ About S&P Indices
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