NEW YORK, July 8, 2011 /PRNewswire/ -- S&P will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices:
- S&P SmallCap 600 constituent Esterline Technologies Corp.
(NYSE: ESL) will replace Bucyrus International Inc. (NASD: BUCY) in
the S&P MidCap 400 index, and Rubicon Technology Inc. (NASD:
RBCN) will replace Esterline Technologies in the S&P MidCap 400
after the close of trading on Tuesday, July
12. S&P 100 & 500 constituent Caterpillar Inc.
(NYSE: CAT) acquired Bucyrus International in a deal
completed today.
- SonoSite Inc. (NASD: SONO) will replace Kendle International
Inc. (NASD: KNDL) in the S&P SmallCap 600 index after the close
of trading on Wednesday, July 13. INC
Research LLC is acquiring Kendle International in a deal expected
to be completed soon pending final approvals.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Esterline Technologies designs, manufactures, and markets
engineered products and systems. Headquartered in Bellevue, WA, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Aerospace & Defense Sub-Industry index.
Rubicon Technology develops, manufactures, and sells
monocrystalline sapphire and other crystalline products.
Headquartered in Franklin Park,
IL, the company will be added to the S&P SmallCap 600
GICS Semiconductor Equipment Sub-Industry index.
SonoSite develops, manufactures, and distributes hand-carried
ultrasound systems. Headquartered in Bothell, WA, the company will be added to the
S&P SmallCap 600 GICS Health Care Equipment Sub-Industry
index.
Following is a summary of the changes:
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S&P
MIDCAP 400 INDEX – July 12, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Esterline
Technologies
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Industrials
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Aerospace
& Defense
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DELETED
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Bucyrus
International
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Industrials
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Construction
& Farm Machinery & Heavy Trucks
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S&P
SMALLCAP 600 INDEX – July 12, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Rubicon
Technology
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Information
Technology
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Semiconductor
Equipment
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DELETED
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Esterline
Technologies
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Industrials
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Aerospace
& Defense
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S&P
SMALLCAP 600 INDEX – July 13, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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SonoSite
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Health
Care
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Health Care
Equipment
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DELETED
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Kendle
International
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Health
Care
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Life
Sciences Tools & Services
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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
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SOURCE Standard & Poor's