Standard & Poor's Announces Changes to U.S. Indices
January 22 2007 - 4:40PM
PR Newswire (US)
NEW YORK, Jan. 22 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 and S&P REIT
Composite indices: * ViroPharma Inc. (NASDAQ:VPHM) will replace
Per-Se Technologies Inc. (NASDAQ:PSTI) in the S&P SmallCap 600
after the close of trading on Thursday, January 25. Per-Se is being
acquired by S&P 500 constituent McKesson Corp. (NYSE:MCK) in a
deal expected to close on or about that date, pending final
approvals. * Agree Realty Corp. (NYSE:ADC) will replace CentraCore
Properties Trust (NYSE:CPV) in the S&P REIT Composite after the
close of trading on Wednesday, January 24. CentraCore is being
acquired by The Geo Group, Inc. (NYSE:GEO) in a deal expected to
close on or about that date, pending final approvals. * Strategic
Hotels & Resorts, Inc. (NYSE:BEE) will replace Reckson
Associates Realty Corp. (NYSE:RA) in the S&P REIT Composite
after the close of trading on Thursday, January 25. Reckson is
being acquired by S&P REIT Composite constituent SL Green
Realty Corp. (NYSE:SLG) in a deal expected to close on or about
that date, pending final approvals. Standard & Poor's will
monitor these transactions, and post any relevant updates on its
website: http://www.standardandpoors.com/. ViroPharma engages in
the development and commercialization of products that address
serious diseases. Headquartered in Exton, PA, the company will be
added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Pharmaceuticals Sub-Industry index. Agree
Realty is a REIT that engages in the ownership, development, and
operation of retail properties primarily leased to national
companies in the United States. Headquartered in Farmington Hills,
MI, the company will be added to the S&P REIT Composite GICS
Retail REITs sub-industry. Strategic Hotels and Resorts is a REIT
that owns and manages full service upscale and luxury hotel and
resort properties. Headquartered in Chicago, IL, the company will
be added to the S&P REIT Composite GICS Specialized REITs
sub-industry. Following is a summary of the changes: S&P
SMALLCAP 600 INDEX - January 25, 2007 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED ViroPharma Health Care Pharmaceuticals
DELETED Per-Se Technologies Health Care Health Care Technology
S&P REIT COMPOSITE INDEX - January 24, 2007 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Agree Realty Financials
Retail REITs DELETED CentraCore Properties Financials Specialized
REITs S&P REIT COMPOSITE INDEX - January 25, 2007 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Strategic Hotels &
Financials Specialized REITs Resorts DELETED Reckson Associates
Financials Office REITs 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 financial market
intelligence, including independent credit ratings, indices, risk
evaluation, investment research and data. With approximately 7,500
employees, including wholly owned affiliates, located 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/. About The McGraw-Hill Companies:
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, McGraw-Hill
Education, BusinessWeek and J.D. Power and Associates. The
Corporation has more than 240 offices in 36 countries. Sales in
2005 were $6.0 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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