Standard & Poor's Announces Changes to U.S. Index
June 05 2006 - 6:09PM
PR Newswire (US)
NEW YORK, June 5 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600: -- PetMed
Express (NASD: PETS) will replace Thomas Nelson (NYSE:TNM) after
the close of trading on Monday, June 12, 2006. Thomas Nelson is
being acquired by InterMedia Partners VII, LP (a private equity
group) in a deal expected to close on or about that date, pending
final approval. -- Kendle Intl. (NASD: KNDL) will replace SBS
Technologies (NASD: SBSE) after the close of trading on a date to
be announced. SBS Technologies is being acquired by GE Fanuc
Embedded Systems (a unit of General Electric Co.) in a deal that is
still pending final approvals. Standard & Poor's will monitor
this transaction, and post any relevant updates on its website:
http://www.standardandpoors.com/. PetMed Express is the largest pet
pharmacy in the U.S., delivering prescription and non-prescription
pet medications and other health products for dogs, cats and horses
at competitive prices direct to the consumer. Headquartered in
Pompano Beach, Florida, the company will be added to the S&P
SmallCap 600 GICS (Global Industry Classification Standard) Catalog
Retail Sub-Industry Index. Kendle Intl. is one of the leading
global clinical research organizations. The company delivers
innovative and robust clinical development solutions -- from
first-in-human studies through market launch and surveillance -- to
help the world's biopharmaceutical companies maximize product life
cycles and grow market share. Headquartered in Cincinnati, Ohio,
the company will be added to the S&P SmallCap 600 GICS Life
Sciences Tools & Services Sub-Industry Index. Following is a
summary of the changes: S&P SMALLCAP 600 INDEX - June 12, 2006
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED PetMed Express
Consumer Discretionary Catalog Retail DELETED Thomas Nelson
Consumer Discretionary Publishing S&P SMALLCAP 600 INDEX - TBA
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Kendle Intl.
Health CareLife Sciences Tools & Services DELETED SBS
Technologies Information Technologies Computer Storage &
Peripherals 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. 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 6300 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 290 offices in 38 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 (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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