NEW YORK, April 3, 2008 /PRNewswire-FirstCall/ -- ZOLL Medical Corp. (NASDAQ:ZOLL) will replace Triad Guaranty Inc. (NASDAQ:TGIC) in the S&P SmallCap 600 after the close of trading on Monday, April 7, 2008. As of today's close of trading, Triad Guaranty had a market capitalization of approximately $39 million, ranking 600th in the index.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
ZOLL Medical develops technologies that help advance the practice of resuscitation; it markets products for pacing, defibrillation, circulation, fluid replacement, and ventilation. Headquartered in Chelmsford, MA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - April 7, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED ZOLL Medical Health Care Health Care Equipment
DELETED Triad Guaranty Financials Thrifts and Mortgage Finance
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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