NEW YORK, June 27, 2011 /PRNewswire/ -- S&P will make
the following changes to the S&P 500, S&P MidCap 400 and
S&P SmallCap 600 indices:
- Accenture plc (NYSE: ACN) will replace Marshall & Ilsley
Corp. (NYSE: MI) in the S&P 500 index after the close of
trading on Tuesday, July 5. S&P
Global 1200 constituent Bank of Montreal (NYSE: BMO) is acquiring Marshall
& Ilsley in a deal expected to be completed on or about that
date pending final approvals.
- S&P SmallCap 600 constituent AMERIGROUP Corp. (NYSE: AGP)
will replace Nationwide Health Properties Inc. (NYSE: NHP) in the
S&P MidCap 400 index, and Northwest Bancshares Inc. (Nasdaq:
NWBI) will replace AMERIGROUP in the S&P SmallCap 600 index
after the close of trading on Friday, July
1. Nationwide Health Properties is being acquired by S&P
500 constituent Ventas Inc. (NYSE: VTR) in a deal expected to be
completed on or about that date pending final approvals.
- Lincoln Educational Services Corp. (Nasdaq: LINC) will replace
Pre-Paid Legal Services Inc. (NYSE: PPD) in the S&P SmallCap
600 index after the close of trading on Thursday, June 30. Private equity firm MidOcean
PPL Holdings Corp. is acquiring Pre-Paid Legal Services in a deal
expected to be completed on or about that date pending final
approvals.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Accenture operates as a management consulting, technology
services, and outsourcing company. Headquartered in
Dublin, Ireland, the company will
be added to the S&P 500 GICS (Global Industry Classification
Standard) IT consulting & Other Services Sub-Industry
index.
AMERIGROUP operates as a multi-state managed healthcare company.
Headquartered in Virginia Beach,
VA, the company will be added to the S&P MidCap 400 GICS
Managed Health Care Sub-Industry index.
Northwest Bancshares offers various banking and consumer finance
services. Headquartered in Warren,
PA, the company will be added to the S&P SmallCap 600
GICS Thrifts & Mortgage Finance Sub-Industry index.
Lincoln Educational Services provides career-oriented
post-secondary education services. Headquartered in West Orange, NJ, 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 – June 30, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Lincoln
Educational Services
|
Consumer
Discretionary
|
Education
Services
|
|
DELETED
|
Pre-Paid
Legal Services
|
Consumer
Discretionary
|
Specialized
Consumer Services
|
|
|
|
|
|
S&P
MIDCAP 400 INDEX – July 1, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
AMERIGROUP
|
Health
Care
|
Managed
Health Care
|
|
DELETED
|
Nationwide
Health Properties
|
Financials
|
Specialized
REITs
|
|
|
|
|
|
S&P
SMALLCAP 600 INDEX – July 1,
2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Northwest
Bancshares
|
Financials
|
Thrifts
& Mortgage Finance
|
|
DELETED
|
AMERIGROUP
|
Health
Care
|
Managed
Health Care
|
|
|
|
|
|
S&P 500
INDEX – July 5, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Accenture
|
Information
Technology
|
IT
Consulting & Other Services
|
|
DELETED
|
Marshall
& Ilsley
|
Financials
|
Regional
Banks
|
|
|
|
|
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a
wide variety of investable and benchmark indices to meet an array
of investor needs. Over $1.25
trillion is directly indexed to Standard & Poor's family
of indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price
Indices, the leading measure of U.S. home prices, the S&P
Global BMI, an index with approximately 11,000 constituents, the
S&P GSCI, the industry's most closely watched commodities
index, and the S&P National AMT-Free Municipal Bond Index, the
premier investable index for U.S. municipal bonds. For more
information, please visit www.standardandpoors.com/indices.
For more information contact
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE Standard & Poor's