Standard & Poor's Announces Changes to U.S. Index
October 02 2006 - 5:51PM
PR Newswire (US)
NEW YORK, Oct. 2 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600: * CKE
Restaurants Inc. (NYSE:CKR) will replace Ryan's Restaurant Group
Inc. (NASD: RYAN) after the close of trading on Thursday, October
5. Ryan's is being acquired by Buffetts Inc. in a deal expected to
close on or about that date, pending final approvals. * Bright
Horizons Family Solutions Inc. (NASD: BFAM) will replace FileNet
Corp. (NASD: FILE) after the close of trading on a date to be
announced. FileNet is being acquired by S&P 100 and S&P 500
constituent International Business Machines Corp. (NYSE:IBM) in a
deal that is still pending final approvals. Standard & Poor's
will monitor these transactions, and post any relevant updates on
its website: http://www.standardandpoors.com/. CKE Restaurants
owns, operates, and franchises quick-service restaurants, primarily
under the brands Carl's Jr., Hardee's, and La Salsa Fresh Mexican
Grill. Headquartered in Carpinteria, CA, the company will be added
to the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Restaurants Sub- Industry index. Bright Horizons provides
workplace services for employers and families, including early care
and education and strategic work/life consulting. Headquartered in
Watertown, MA, the company will be added to the S&P SmallCap
600 GICS Education Services Sub-Industry index. Following is a
summary of the changes: S&P SMALLCAP 600 INDEX - October 5,
2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED CKE
Restaurants Consumer Discretionary Restaurants DELETED Ryan's
Consumer Discretionary Restaurants S&P SMALLCAP 600 INDEX - TBA
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Bright
Horizons Consumer Discretionary Education Services DELETED FileNet
Information Technology Application Software 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
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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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