NEW YORK, Nov. 4, 2010 /PRNewswire/ -- S&P will make
the following changes to the S&P MidCap 400 and SmallCap 600
Indices:
- Bottomline Technologies (de) Inc. (NASD:EPAY) will replace
Osteotech Inc. (NASD:OSTE) in the S&P SmallCap 600 after
the close of trading on Tuesday, November
9. Osteotech is being acquired by S&P 100 & 500
constituent Medtronic Inc. (NYSE:MDT) in a deal expected to be
completed soon, pending final approvals.
- S&P SmallCap 600 constituent Deckers Outdoor Corp.
(NASD:DECK) will replace Psychiatric Solutions Inc. (NASD:PSYS) in
the S&P MidCap 400, and LogMeIn Inc. (NASD:LOGM) will replace
Deckers Outdoor in the S&P SmallCap 600 after the close of
trading on Wednesday, November 10.
S&P MidCap 400 constituent Universal Health Services, Inc.
(NYSE:UHS) is acquiring Psychiatric Solutions in a deal expected to
be completed on or about that date pending final approvals.
- S&P SmallCap 600 constituent Polaris Industries Inc.
(NYSE:PII) will replace Mariner Energy Inc. (NYSE:ME) in the
S&P MidCap 400, and KapStone Paper and Packaging Corp.
(NYSE:KS) will replace Polaris Industries in the S&P SmallCap
600 after the close of trading on Wednesday,
November 10. S&P 500 constituent Apache Corp. (NYSE:APA)
is acquiring Mariner Energy in a deal 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.
Bottomline Technologies markets and provides electronic payment,
invoice, and document automation solutions. Headquartered in
Portsmouth, NH, the company will
be added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Application Software Sub-Industry
index.
Deckers Outdoor engages in the design, production, marketing,
and brand management of footwear and accessories. Headquartered in
Goleta, CA, the company will be
added to the S&P MidCap 400 GICS Footwear Sub-Industry index.
LogMeIn provides on-demand, remote-connectivity solutions.
Headquartered in Woburn, MA, the
company will be added to the S&P SmallCap 600 GICS Internet
Software & Services Sub-Industry index.
Polaris Industries designs, engineers, and manufactures off-road
vehicles. Headquartered in Medina,
MN, the company will be added to the S&P MidCap 400 GICS
Leisure Products Sub-Industry index.
KapStone Paper and Packaging engages in the production and sale
of unbleached kraft, linerboard, saturating kraft, and unbleached
folding carton boards. Headquartered in Northbrook, IL, the company will be added to
the S&P SmallCap 600 GICS Paper Products Sub-Industry
index.
Following is a summary of the changes:
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S&P
SMALLCAP 600 INDEX – November 9, 2010
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Bottomline
Technologies
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Information
Technology
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Application
Software
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DELETED
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Osteotech
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Health
Care
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Health Care
Equipment
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S&P
MIDCAP 400 INDEX – November 10,
2010
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COMPANY
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GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
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ADDED
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Deckers
Outdoors
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Consumer
Discretionary
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Footwear
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Polaris
Industries
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Consumer
Discretionary
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Leisure
Products
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DELETED
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Psychiatric
Solutions
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Health
Care
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Health Care
Facilities
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Mariner
Energy
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Energy
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Oil &
Gas Exploration & Production
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S&P
SMALLCAP 600 INDEX – November 10,
2010
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COMPANY
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GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
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ADDED
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LogMeIn
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Information
Technology
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Internet
Software & Services
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KapStone
Paper and Packaging
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Materials
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Paper
Products
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DELETED
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Deckers
Outdoors
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Consumer
Discretionary
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Footwear
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Polaris
Industries
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Consumer
Discretionary
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Leisure
Products
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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
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Global BMI, an index with approximately 11,000 constituents, the
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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.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies
(NYSE:MHP), is the world's foremost provider of independent credit
ratings, indices, risk evaluation, investment research and data.
With offices in 23 countries and markets, Standard & Poor's is
an essential part of the world's financial infrastructure and has
played a leading role for 150 years in providing investors with the
independent benchmarks they need to feel more confident about their
investment and financial decisions. For more information, visit
http://www.standardandpoors.com.
For more information
contact:
David M. Blitzer,
Ph.D.
Managing Director & Chairman
of the Index Committee
(212) 438-3907
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SOURCE Standard & Poor's