Standard & Poor's Announces Change to U.S. Index
30 Março 2005 - 9:13PM
PR Newswire (US)
Standard & Poor's Announces Change to U.S. Index NEW YORK,
March 30 /PRNewswire-FirstCall/ -- Texas Regional Bancshares Inc.
(NASD: TRBS) will replace Retek Inc. (NASD: RETK) in the S&P
MidCap 400 Index after the close of trading on Tuesday, April 5,
2005. Retek is being acquired by S&P 500 constituent Oracle
Corp. (NASD: ORCL) in a tender offer expected to be completed on or
about that date. Standard & Poor's will monitor this
transaction, and post any relevant updates on its website:
http://www.standardandpoors.com/. Texas Regional Bancshares
operates a commercial banking business. Headquartered in McAllen,
TX, the company will be added to the S&P MidCap 400 Regional
Banks Sub-Industry Index. Following is a summary of the change:
S&P MIDCAP 400 INDEX - April 5, 2005 COMPANY GICS ECONOMIC GICS
SUB-INDUSTRY CENTER ADDED Texas Regional Financials Regional Banks
Bancshares DELETED Retek Inc. Information Internet Software
Technology & 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
independent credit ratings, indices, risk evaluation, investment
research, data and valuations. With 6,000 employees 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/. Founded in 1888, The McGraw-Hill
Companies 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, BusinessWeek and McGraw-Hill Education. The Corporation has
more than 280 offices in 37 countries. Sales in 2004 were $5.3
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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