NEW YORK, July 20, 2011 /PRNewswire/ -- Financial Engines
Inc. (NASD:FNGN) will replace Sterling Bancshares Inc. (NASD:SBIB),
and Encore Capital Group Inc. (NASD:ECPG) will replace Integral
Systems Inc. (NASD:ISYS) in the S&P SmallCap 600 index after
the close of trading on Wednesday, July
27. S&P 500 constituent Comerica Inc. (NYSE:CMA)
is acquiring Sterling Bancshares, and S&P TMI constituent
Kratos Defense & Security Solutions Inc. (NASD:KTOS) is
acquiring Integral Systems in deals expected to be completed on or
about that date pending final approvals.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Financial Engines provides portfolio management services.
Headquartered in Palo Alto, CA,
the company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Asset Management & Custody
Banks Sub-Industry index.
Encore Capital Group engages in distressed consumer debt buying
and recovery. Headquartered in San Diego,
CA, the company will be added to the S&P SmallCap 600
GICS Specialized Finance Sub-Industry index.
Following is a summary of the changes:
|
|
|
S&P
SMALLCAP 600 INDEX – July 27, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Financial
Engines
|
Financials
|
Asset
Management & Custody Banks
|
|
|
Encore
Capital Group
|
Financials
|
Specialized
Finance
|
|
|
DELETED
|
Sterling
Bancshares
|
Financials
|
Regional
Banks
|
|
|
Integral
Systems
|
Information
Technology
|
IT
Consulting & Other Services
|
|
|
|
|
|
|
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
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 www.standardandpoors.com/indices.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE Standard & Poor's