NEW YORK, May 5, 2011 /PRNewswire/ -- S&P will make the
following changes to the S&P MidCap 400 and S&P SmallCap
600 Indices:
- Domtar Corp. (NYSE: UFS) will replace Alberto-Culver Corp.
(NYSE: ACV) in the S&P MidCap 400 index after the close of
trading on Tuesday, May 10. S&P
Global 1200 constituent Unilever plc is acquiring Alberto-Culver in
a deal expected to be completed on or about that date pending final
approvals.
- FNB Corp. (NYSE: FNB) will replace Wilmington Trust Corp.
(NYSE: WL) in the S&P SmallCap 600 index after the close of
trading on Friday, May 13. S&P
500 constituent M&T Bank Corp. (NYSE: MTB) is acquiring
Wilmington Trust 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.
Domtar is an integrated manufacturer and marketer of uncoated
freesheet paper. Headquartered in Montreal, Canada, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Paper Products Sub-Industry index.
F.N.B. provides various financial services to consumers and
small to medium-sized businesses. Headquartered in Hermitage, PA, the company will be added to
the S&P SmallCap 600 GICS Regional Banks Sub-Industry
index.
Following is a summary of the changes:
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S&P
MIDCAP 400 INDEX – May 10, 2011
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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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Domtar
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Materials
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Paper
Products
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DELETED
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Alberto-Culver
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Consumer
Staples
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Personal
Products
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S&P
SMALLCAP 600 INDEX – May 13, 2011
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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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FNB
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Financials
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Regional
Banks
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DELETED
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Wilmington
Trust
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Financials
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Regional
Banks
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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.
SOURCE Standard & Poor's