NEW YORK, May 24, 2011 /PRNewswire/ -- S&P will make
the following changes to the S&P 500, S&P MidCap 400 and
S&P SmallCap 600 indices:
- Alpha Natural Resources Inc. (NYSE: ANR) will replace Massey
Energy Corp. (NYSE: MEE) in the S&P 500 index after the close
of trading on Wednesday, June 1.
Alpha Natural Resources is acquiring Massey Energy in a deal
expected to be completed on or about that date pending final
approvals.
- S&P SmallCap 600 constituent Triumph Group Inc. (NYSE: TGI)
will replace Pride International Inc. (NYSE: PDE) in the S&P
MidCap 400 index and Inter Parfums Inc. (NASD: IPAR) will replace
Triumph Group in the S&P SmallCap 600 index after the close of
trading on Tuesday, May 31. Ensco plc
(NYSE: ESV) is acquiring Pride International 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.
Alpha Natural Resources engages in the production, processing,
and sale of coal. Headquartered in Abingdon, VA, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Coal
& Consumable Fuels Sub-Industry index.
Triumph Group engages in the design, engineering, manufacture,
repair, overhaul, and distribution of aircraft components.
Headquartered in Wayne, PA, the
company will be added to the S&P MidCap 400 GICS Aerospace
& Defense Sub-Industry index.
Inter Parfums engages in the manufacture, marketing, and
distribution of various fragrances and fragrance related products.
Headquartered in New York, NY, the
company will be added to the S&P SmallCap 600 GICS Personal
Products Sub-Industry index.
Following is a summary of the changes:
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S&P
MIDCAP 400 INDEX - May 31, 2011
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COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
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ADDED
|
Triumph
Group
|
Industrials
|
Aerospace
& Defense
|
|
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DELETED
|
Pride
International
|
Energy
|
Oil &
Gas Drilling
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S&P
SMALLCAP 600 INDEX - May 31, 2011
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COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Inter
Parfums
|
Consumer
Staples
|
Personal
Products
|
|
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DELETED
|
Triumph
Group
|
Industrials
|
Aerospace
& Defense
|
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S&P 500
INDEX - June 1, 2011
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COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Alpha
Natural Resources
|
Energy
|
Coal &
Consumable Fuels
|
|
|
DELETED
|
Massey
Energy
|
Energy
|
Coal &
Consumable Fuels
|
|
|
|
|
|
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|
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