NEW YORK, Dec. 5, 2011 /PRNewswire/ -- S&P
SmallCap 600 constituent National Retail Properties Inc. (NYSE:
NNN) will replace Pharmaceutical Product Development Inc. (NASD:
PPDI) in the S&P MidCap 400 index, and Higher One Holdings Inc.
(NYSE: ONE) will replace National Retail Properties in the S&P
SmallCap 600 index after the close of trading on Wednesday, December 7. Pharmaceutical Product
Development is being acquired by affiliates of The Carlyle Group
and Hellman & Friedman in a deal that closed today.
S&P Indices will post any relevant updates on its website:
www.standardandpoors.com.
National Retail Properties is a publicly owned equity real
estate investment trust that acquires, owns, manages, and develops
retail properties. Headquartered in Orlando, FL, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Retail REITs Sub-Industry index.
Higher One Holdings provides technology and payment services to
the higher education industry. Headquartered in New Haven, CT, the company will be added to
the S&P SmallCap 600 GICS Data Processing & Outsourced
Services Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – December 7, 2011
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
National Retail
Properties
|
Financials
|
Retail REITs
|
|
DELETED
|
Pharmaceutical Product
Development
|
Health Care
|
Life Sciences Tools &
Services
|
|
S&P SMALLCAP 600
INDEX – December 7, 2011
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Higher One Holdings
|
Information Technology
|
Data Processing &
Outsourced Services
|
|
DELETED
|
National Retail
Properties
|
Financials
|
Retail REITs
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
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 $1.25 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
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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.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE S&P Indices