Standard & Poor's Announces Changes to U.S. Index
November 27 2006 - 5:53PM
PR Newswire (US)
NEW YORK, Nov. 27 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 index: *
California Pizza Kitchen Inc. (NASD: CPKI) will replace Harbor
Florida Bancshares Inc. (NASD: HARB) in the S&P SmallCap 600
index after the close of trading on Thursday, November 30. Harbor
Florida is being acquired by S&P 500 constituent National City
Corp. (NYSE:NCC) in a deal expected to close on or about that date,
pending final approvals. * Digene Corp. (NASD: DIGE) will replace
NS Group Inc. (NYSE:NSS) in the S&P SmallCap 600 index after
the close of trading on Friday, December 1. NS Group is being
acquired by S&P Global 1200 constituent IPSCO Inc. in a deal
expected to close on or about that date, pending final approvals.
Standard & Poor's will monitor these transactions, and post any
relevant updates on its website: http://www.standardandpoors.com/.
California Pizza Kitchen owns, licenses, and franchises a chain of
premium pizza restaurants. Headquartered in Los Angeles, CA, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Restaurants Sub-Industry index.
Digene engages in the development, marketing, and manufacturing of
gene- based tests used primarily for the screening, monitoring, and
diagnosis of women's cancers and infectious diseases. Headquartered
in Gaithersburg, MD, the company will be added to the S&P
SmallCap 600 GICS Biotechnology Sub- Industry index. Following is a
summary of the changes: S&P SMALLCAP 600 INDEX - November 30,
2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
California Pizza Consumer Discretionary Restaurants DELETED Harbor
Florida Financials Thrifts & Mortgage Finance S&P SMALLCAP
600 INDEX - December 1, 2006 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Digene Health Care Biotechnology DELETED NS
Group Energy Oil & Gas Equipment & Services 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 7,500 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
is a leading global information services provider meeting worldwide
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McGraw-Hill Education, BusinessWeek and J.D. Power and Associates.
The Corporation has more than 240 offices in 36 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/
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