Standard & Poor's Announces Change to U.S. Index
January 24 2005 - 4:43PM
PR Newswire (US)
Standard & Poor's Announces Change to U.S. Index NEW YORK, Jan.
24 /PRNewswire-FirstCall/ -- Gen-Probe Inc. (NASDAQ:GPRO) will
replace First Health Group Corp. (NASDAQ:FHCC) in the S&P
MidCap 400 after the close of trading on Friday, January 28. First
Health Group is being acquired by S&P MidCap 400 constituent
Coventry Health Care Inc. (NYSE:CVH) in a deal expected to close on
or about that date, pending final approval. Standard & Poor's
will monitor this transaction, and post any relevant updates on its
website: http://www.standardandpoors.com/. Gen-Probe Inc. supplies
nucleic acid tests used for diagnosing human diseases and screening
donated human blood. Headquartered in San Diego, CA, the company
will be added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Biotechnology Sub-Industry Index.
Following is a summary of the change: S&P MIDCAP 400 INDEX -
January 28, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Gen-Probe Inc. Health Care Biotechnology DELETED First Health
Group Health Care Managed Health Care 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 40 countries. Sales in 2003 were $4.8
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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