Standard & Poor's Announces Change to U.S. Index
January 16 2008 - 5:42PM
PR Newswire (US)
NEW YORK, Jan. 16 /PRNewswire/ -- HMS Holdings Corp. (NASDAQ:HMSY)
will replace MGI PHARMA Inc. (NASDAQ:MOGN) in the S&P SmallCap
600 after the close of trading on Tuesday, January 22. MOGN is
being acquired by S&P Global 1200 constituent Eisai Co. in a
deal expected to close on or about that date, pending final
approvals. Standard & Poor's will monitor this transaction, and
post any relevant updates on its website:
http://www.standardandpoors.com/. HMS Holdings provides cost
containment, coordination of benefits, and program integrity
services to government healthcare programs in the United States.
Headquartered in New York, NY, the company will be added to the
S&P SmallCap 600 GICS Health Care Services Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX -
January 22, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED HMS Holdings Health Care Health Care Services DELETED MGI
PHARMA Health Care Pharmaceuticals 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 (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 Standard & Poor's +1-212-438-3907 Web
site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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