NEW YORK, March 18 /PRNewswire/ -- S&P MidCap
400 constituent Cerner Corp. (NASD: CERN) will replace BJ Services
Co. (NYSE: BJS) in the S&P 500 index, S&P SmallCap 600
constituent MEDNAX Inc. (NYSE: MD) will replace Cerner in the
S&P MidCap 400, and MicroStrategy Inc. (NASD: MSTR) will
replace MEDNAX in the S&P SmallCap 600 index after the close of
trading on a date to be announced. BJ Services is being
acquired by S&P 100 & 500 constituent Baker Hughes Inc. in
a deal expected to be completed soon, pending final approvals.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
Cerner provides healthcare information technology, healthcare
devices, and content solutions for healthcare organizations and
consumers. Headquartered in North Kansas
City, MO, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Health Care Technology
Sub-Industry index.
MEDNAX provides neonatal, maternal-fetal and anesthesia
physician services. Headquartered in Sunrise, FL, the company will be added to the
S&P MidCap 400 GICS Health Care Services Sub-Industry index.
MicroStrategy provides business intelligence software.
Headquartered in McLean, VA, the
company will be added to the S&P SmallCap 600 GICS Application
Software Sub-Industry index.
Following is a summary of the changes:
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S&P 500 INDEX
– TBA
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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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Cerner
|
Health Care
|
Health Care
Technology
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DELETED
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BJ Services
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Energy
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Oil & Gas Equipment &
Services
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S&P MIDCAP 400 INDEX
– TBA
|
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COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
|
ADDED
|
MEDNAX
|
Health Care
|
Health Care
Services
|
|
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DELETED
|
Cerner
|
Health Care
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Health Care
Technology
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S&P SMALLCAP 600
INDEX – TBA
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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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MicroStrategy
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Information
Technology
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Application
Software
|
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DELETED
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MEDNAX
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Health Care
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Health Care
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 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 Global 1200, a composite index comprised
of seven regional and country headline indices, the S&P Global
BMI, an index with approximately 11,000 constituents, and the
S&P GSCI, the industry's most closely watched commodities
index. For more information, please visit
www.standardandpoors.com/indices.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies
(NYSE: MHP), is the world's foremost provider of independent credit
ratings, indices, risk evaluation, investment research and data.
With offices in 23 countries and markets, Standard & Poor's is
an essential part of the world's financial infrastructure and has
played a leading role for 150 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.
SOURCE Standard & Poor's