NEW YORK, Feb. 9, 2012 /PRNewswire/ --S&P Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
- CBOE Holdings, Inc. (NASD: CBOE) will replace Temple-Inland, Inc. (NYSE: TIN) in the S&P MidCap 400 index after the close of trading on a date to be announced. S&P 500 constituent International Paper Co. (NYSE: IP) is acquiring Temple-Inland in a transaction expected to be completed soon pending final approvals.
- Akorn, Inc. (NASD: AKRX) will replace Blue Coat Systems, Inc. (NASD: BCSI) in the S&P SmallCap 600 index after the close of trading on Monday, February 13. Blue Coat Systems is being acquired by an investor group led by private equity investment firm Thoma Bravo, LLC in a deal expected to be completed on or about that date pending final approvals.
- ViewPoint Financial Group, Inc (NASD: VPFG) will replace SonoSite, Inc. (NASD: SONO) in the S&P SmallCap 600 index after the close of trading on Wednesday, February 15. FUJIFILM Holdings Corp. is acquiring Sonosite in a tender offer expected to be completed on or about that date pending final conditions.
CBOE Holdings operates markets for the execution of transactions in exchange-traded options. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialized Finance Sub-Industry index.
Akorn engages in the manufacture and marketing of diagnostic and therapeutic pharmaceutical products. Headquartered in Lake Forest, IL, the company will be added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry index.
ViewPoint Financial Group operates ViewPoint Bank, which provides financial services for consumers and businesses. Headquartered in Plano, TX, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX - TBA | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | CBOE Holdings | Financials | Specialized Finance |
DELETED | Temple-Inland | Materials | Paper Packaging |
S&P SMALLCAP 600 INDEX - February 13, 2012 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Akorn | Health Care | Pharmaceuticals |
DELETED | Blue Coat Systems | Information Technology | Communications Equipment |
S&P SMALLCAP 600 INDEX - February 15, 2012 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | ViewPoint Financial Group | Financials | Thrifts & Mortgage Finance |
DELETED | Sonosite | Health Care | Health Care Equipment |
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE: MHP), maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.45 trillion is directly indexed to our 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: www.standardandpoors.com/indices.
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For more information:
Dave Guarino
Communications
S&P Indices
dave_guarino@standardandpoors.com
212-438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3908
SOURCE S&P Indices
