Standard & Poor's Announces Change to U.S. Index
December 11 2007 - 5:43PM
PR Newswire (US)
NEW YORK, Dec. 11 /PRNewswire/ -- The Andersons Inc. (NASDAQ:ANDE)
will replace C-COR Inc. (NASDAQ:CCBL) in the S&P SmallCap 600
after the close on Friday, December 14, 2007. C-COR is being
acquired by S&P SmallCap 600 constituent ARRIS Group Inc.
(NASDAQ:ARRS) 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/.
The Andersons maintains interests in the grain, ethanol and plant
nutrient sectors of U.S. agriculture, as well as in railcar
marketing and industrial products formulation. Headquartered in
Maumee, OH, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Food Distributors
Sub-Industry index. Following is a summary of the change: S&P
SMALLCAP 600 INDEX - December 14, 2007 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED The Andersons Consumer Staples Food
Distributors DELETED C-COR Information Communications Technology
Equipment 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 8,500 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 (NYSE:MHP) 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 280 offices in 40 countries. Sales in
2006 were $6.3 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/
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