Standard & Poor's Announces Changes to U.S. Indices
12 Julho 2005 - 7:52PM
PR Newswire (US)
Standard & Poor's Announces Changes to U.S. Indices NEW YORK,
July 12 /PRNewswire/ -- Standard & Poor's will make the
following changes to the S&P 500, S&P MidCap 400 and
S&P SmallCap 600 indices: S&P MidCap 400 constituent
Weatherford International Ltd. (NYSE:WFT) will replace Toys "R" Us
Inc. (NYSE:TOY) in the S&P 500, and S&P 500 constituent
Target Corp. (NYSE:TGT) will replace Toys "R" Us in the S&P
100, after the close of trading on a date to be announced. Toys "R"
Us is being acquired by a group of investors. Denbury Resources
Inc. (NYSE:DNR) will replace Weatherford in the S&P MidCap 400.
NCI Building Systems Inc. (NYSE:NCS) will replace OshKosh B'Gosh
Inc. (NASDAQ:GOSHA) in the S&P SmallCap 600 after the close of
trading on Thursday, July 14. OshKosh is being acquired by Carter's
Inc. (NYSE:CRI) in a deal expected to close on or about that date.
Carter's Inc. will not be added to an S&P index at this time.
Standard & Poor's will monitor these transactions, and post any
relevant updates on its website: http://www.standardandpoors.com/.
Weatherford International provides equipment and services used for
the drilling and production of oil and natural gas. Headquartered
in Houston, TX, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Oil & Gas Equipment
& Services Sub-Industry Index. Headquartered in Minneapolis,
MN, Target Corp. operates general merchandise stores. Denbury
Resources is an oil and natural gas operator. Headquartered in
Plano, TX, the company will be added to the S&P MidCap 400 GICS
Oil & Gas Exploration & Production Sub-Industry Index. NCI
Building Systems creates products for the non-residential
construction industry. Headquartered in Houston, TX, the company
will be added to the S&P SmallCap 600 GICS Building Products
Sub-Industry Index. Following is a summary of the changes: S&P
500 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Weatherford Energy Oil & Gas Equipment Int'l &
Services DELETED Toys "R" Us Consumer Specialty Stores
Discretionary S&P 100 INDEX - TBA COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED Target Corp. Consumer General Merchandise
Discretionary Stores DELETED Toys "R" Us Consumer Specialty Stores
Discretionary S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED Denbury Energy Oil & Gas
Exploration Resources & Production DELETED Weatherford Energy
Oil & Gas Equipment Int'l & Services S&P SMALLCAP 600
INDEX - July 14, 2005 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED NCI Building Industrials Building Products
Systems DELETED OshKosh B'Gosh Consumer Apparel, Accessories
Discretionary & Luxury Goods 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 6,500 employees located in 22
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 290 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 (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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