Standard & Poor's Announces Changes to U.S. Indices
October 04 2005 - 7:00PM
PR Newswire (US)
NEW YORK, Oct. 4 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 indices: * Ingram Micro Inc. (NYSE:IM) will replace
Neiman-Marcus Group Inc. (NYSE:NMG.A) in the S&P MidCap 400
after the close of trading on Thursday, October 6. Neiman-Marcus is
being acquired by a private equity consortium in a transaction
expected to close on or about that date. * GameStop Corp.
(NYSE:GME) will replace Keane Inc. (NYSE:KEA) in the S&P MidCap
400, Keane will replace GameStop (NYSE:GME.B) in the S&P
SmallCap 600, and Laserscope (NASD: LSCP) will replace Electronics
Boutique Holdings Corp. (NASD: ELBO) in the S&P SmallCap 600
after the close of trading on Friday, October 7. GameStop is
acquiring fellow S&P SmallCap 600 constituent Electronics
Boutique in a deal expected to close before the market open on
Monday, October 10. (Please note that GameStop's price in the
SmallCap is currently based on its Class B shares, while the Class
A shares will determine its price in the MidCap.) Standard &
Poor's will monitor these transactions, and post any relevant
updates on its website: http://www.standardandpoors.com/. Ingram
Micro is a wholesale provider of technology products and supply
chain management services. Headquartered in Santa Ana, CA, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Technology Distributors
Sub-Industry Index. GameStop is a video game and PC entertainment
software specialty retailer. Headquartered in Grapevine, TX, the
company will be added to the S&P MidCap 400 GICS Computer &
Electronics Retail Sub-Industry Index. Keane provides information
technology and business process services. Headquartered in Boston,
MA, the company will be added to the S&P SmallCap 600 GICS IT
Consulting & Other Services Sub-Industry Index. Laserscope
specializes in surgical, dermatologic and therapeutic laser systems
and related surgical instrumentation, as well as disposable
supplies and accessories. Headquartered in San Jose, CA, 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: S&P MIDCAP 400 INDEX - October 6, 2005 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Ingram Micro Information
Technology Technology Distributors DELETED Neiman-Marcus Consumer
Discretionary Department Stores S&P MIDCAP 400 INDEX - October
7, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
GameStop Consumer Discretionary Computer & Electronics Retail
DELETED Keane Information Technology IT Consulting & Other
Svcs. S&P SMALLCAP 600 INDEX - October 7, 2005 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Keane Information
Technology IT Consulting & Other Svcs. Laserscope Health Care
Health Care Equipment DELETED GameStop Consumer Discretionary
Computer & Electronics Retail Electronics Consumer
Discretionary Computer & Electronics Boutique Retail 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 independent credit ratings, indices, risk
evaluation, investment research, data and valuations. With 6,500
employees located in 22 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, McGraw-Hill Education
and BusinessWeek. The Corporation has more than 300 offices in 40
countries. Sales in 2004 were $5.3 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/ http://www.mcgraw-hill.com/
Copyright