NEW YORK (AP) - Standard & Poor's said Thursday specialty product maker Zep
Inc. will replace Cost Plus Inc., a home furnishing products retailer, in the
S&P SmallCap 600 on Oct. 31.
S&P said it will make the change because Zep is being spun off by lighting
equipment maker Acuity Brands Inc. and Cost Plus now has a market capitalization
of about $72 million, ranking it 600th in the index.
Standard & Poor's also said coal producer Patriot Coal Co. will replace
PolyMedica Corp., a supplier of diabetes treatment products, in the S&P SmallCap
600 on the same day.
PolyMedica is being bought by prescription drug benefit manager MedcoHealth
Solutions Inc. Meanwhile, Patriot is being spun off by coal producer Peabody
Energy Corp.
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