NEW YORK, Jan. 28, 2011 /PRNewswire/ -- Getty Realty Corp. will replace Applied Signal Technology Inc. (NASD: APSG) in the S&P SmallCap 600 index after the close of trading on Wednesday, February 2. Applied Signal Technology is being acquired by S&P 100 & 500 constituent Raytheon Corp. in a deal expected to be completed soon.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Getty Realty is a real estate investment trust (REIT) specializing in the ownership and leasing of service stations, convenience stores and petroleum distribution terminals. Headquartered in Jericho, NY, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Retail REITs Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - February 2, 2011 GICS ECONOMIC GICS SUB- COMPANY SECTOR INDUSTRY Getty ADDED Realty Financials Retail REITs ----- ------ ---------- ------------ Applied Signal Aerospace & DELETED Technology Industrials Defense ------- ---------- ----------- ------------
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S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit http://www.standardandpoors.com/indices.
FOR MORE INFORMATION CONTACT: David M. Blitzer Ph.D., Managing Director & Chairman of the Index Committee (212) 438-3907
Standard & Poor's
CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the
Index Committee, +1-212-438-3907
Web Site: http://www.standardandpoors.com/
