Standard & Poor's Announces Changes to U.S. Indices
September 24 2009 - 5:03PM
PR Newswire (US)
NEW YORK, Sept. 24 /PRNewswire/ -- S&P will make the following
changes to the S&P MidCap 400 and S&P SmallCap 600 Indices:
-- Solera Holdings Inc. (NYSE:SLH) will replace Metavante
Technologies Inc. (NYSE:MV) in the S&P MidCap 400 after the
close of trading on Thursday, October 1. Metavante Technologies is
being acquired by S&P 500 constituent Fidelity National
Information Services Inc. (NYSE: NYSE:FIS) in a deal expected to be
completed on or about that date. -- EZCORP Inc. (NASDAQ:EZPW) will
replace SPSS Inc. (NASDAQ:SPSS) in the S&P SmallCap 600 after
the close of trading on a date to be announced. S&P 100 &
500 constituent International Business Machines Corp. (NYSE:IBM) is
acquiring SPSS in a transaction expected to close soon pending
final approvals. Standard & Poor's will monitor these
transactions, and post any relevant updates on its website:
http://www.standardandpoors.com/. Solera Holdings is a provider of
software and services to the automobile insurance claims processing
industry. Headquartered in San Diego, CA, the company will be added
to the S&P MidCap 400 GICS (Global Industry Classification
Standard) Application Software Sub-Industry index. EZCORP provides
credit services to individuals who do not have cash resources or
access to credit. Headquartered in Austin, TX, the company will be
added to the S&P SmallCap 600 GICS Consumer Finance
Sub-Industry index. Following is a summary of the changes: S&P
MIDCAP 400 INDEX - October 1, 2009 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED Solera Information Technology Application
Software DELETED Metavante Information Technology Data Processing
& Technologies Outsourced Services S&P SMALLCAP 600 INDEX -
TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED EZCORP
Financials Consumer Finance DELETED SPSS Information Application
Software Technology About Standard & Poor's Index Services
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includes the S&P 500, the world's most followed stock market
index, the S&P Global 1200, a composite index comprised of
seven regional and country headline indices, the S&P Global
BMI, an index with approximately 11,000 constituents, and the
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index. For more information, please visit
http://www.standardandpoors.com/indices. About Standard &
Poor's Standard & Poor's, a subsidiary of The McGraw-Hill
Companies (NYSE:MHP), is the world's foremost provider of
independent credit ratings, indices, risk evaluation, investment
research and data. With offices in 23 countries and markets,
Standard & Poor's is an essential part of the world's financial
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For more information, visit http://www.standardandpoors.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/
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