Standard & Poor's Announces Changes to U.S. Indices
13 Agosto 2007 - 6:47PM
PR Newswire (US)
NEW YORK, Aug. 13 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices: - Exterran Holdings Inc. (NYSE:EXH) will
replace Hanover Compressor Co. (NYSE:HC) in the S&P MidCap 400
after the close of trading on a date to be announced. Hanover and
Universal Compression Holdings Inc. (NYSE:UCO) are merging to form
Exterran in a deal still pending final approvals. - Tyler
Technologies Inc. (NYSE:TYL) will replace Stride Rite Corp.
(NYSE:SRR) in the S&P SmallCap 600 after the close of trading
on Friday, August 17. Stride Rite is being acquired by S&P
MidCap 400 constituent Payless ShoeSource Inc. (NYSE:PSS) in a deal
expected to close on or about that date. - FARO Technologies Inc.
(NASDAQ:FARO) will replace Vertrue Inc. (NASDAQ:VTRU) in the
S&P SmallCap 600 after the close of trading on a date to be
announced. Vertrue is being acquired by Vertrue's management and an
investor group led by One Equity Partners in a deal still pending
final approvals. Standard & Poor's will monitor these
transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/. Exterran is a natural gas
compression service company that also provides service fabrication
and equipment for oil and natural gas production, processing and
transportation applications. Headquartered in Houston, TX, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Oil & Gas Equipment &
Services Sub-Industry index. Tyler Technologies provides integrated
information management solutions and services for local
governments. Headquartered in Dallas, TX, the company will be added
to the S&P SmallCap 600 GICS Application Software Sub-Industry
index. FARO Technologies designs, develops and manufactures
software-based three- dimensional (3D) measurement devices for
manufacturing, industrial, building construction, and forensic
applications. Headquartered in Lake Mary, FL, the company will be
added to the S&P SmallCap 600 GICS Electronic Equipment
Manufacturers Sub-Industry index. Following is a summary of the
changes: S&P MIDCAP 400 INDEX - To Be Announced COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Exterran Holdings Energy
Oil & Gas Equipment & Services DELETED Hanover Compressor
Energy Oil & Gas Equipment & Services S&P SMALLCAP 600
INDEX - August 17 , 2007 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Tyler Technologies Information Technology
Application Software DELETED Stride Rite Consumer Discretionary
Footwear S&P SMALLCAP 600 INDEX - To Be Announced COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED FARO Technologies
Information Technology Electronic Equipment Manufacturers DELETED
Vertrue Consumer Discretionary Specialized Consumer Services
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. About Standard & Poor's Standard &
Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the
world's foremost provider of financial market intelligence,
including independent credit ratings, indices, risk evaluation,
investment research and data. With approximately 7,500 employees,
including wholly owned affiliates, located in 21 countries,
Standard & Poor's is an essential part of the world's financial
infrastructure and has played a leading role for more than 140
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/. About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) is a leading
global information services provider meeting worldwide needs in the
financial services, education and business information markets
through leading brands such as Standard & Poor's, McGraw-Hill
Education, BusinessWeek and J.D. Power and Associates. The
Corporation has more than 280 offices in 40 countries. Sales in
2006 were $6.3 billion. Additional information is available at
http://www.mcgraw-hill.com/. DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman
of the Index Committee, +1-212-438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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