Standard & Poor's Announces Changes to U.S. Index
November 11 2009 - 6:01PM
PR Newswire (US)
NEW YORK, Nov. 11 /PRNewswire/ -- S&P will make the following
changes to the S&P SmallCap 600 Index: -- Cantel Medical Corp.
(NYSE:CMN) will replace NATCO Group Inc. (NYSE: NYSE:NTG) after the
close of trading on a date to be announced. NATCO is being acquired
by S&P 500 constituent Cameron International Corp. (NYSE:CAM)
in a deal expected to be completed soon pending final approvals. --
Calavo Growers Inc. (NASDAQ:CVGW) will replace Sterling Financial
Corp. (NASDAQ:STSA) after the close of trading on Wednesday,
November 18. Sterling Financial has a market capitalization below
$35 million, ranking it 600th in the index. Standard & Poor's
will monitor these transactions, and post any relevant updates on
its website: http://www.standardandpoors.com/. Cantel Medical is a
provider of infection prevention and control products.
Headquartered in Little Falls, NJ, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard)
Health Care Equipment Sub-Industry index. Calavo Growers procures
and markets avocados and other perishable commodities and prepares
and distributes processed avocado products. Headquartered in Santa
Paula, CA, the company will be added to the S&P SmallCap 600
GICS Packaged Foods & Meats Sub-Industry index. Following is a
summary of the changes: S&P SMALLCAP 600 INDEX - TBA
------------------------------- COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ------- -------------------- ----------------- ADDED
Cantel Medical Health Care Equipment Health Care DELETED NATCO
Group Energy Oil & Gas Equipment & Services S&P
SMALLCAP 600 INDEX - November 18, 2009
--------------------------------------------- COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ------- --------------------
----------------- ADDED Calavo Consumer Staples Packaged Foods
& Meats Growers DELETED Sterling Financials Regional Banks
Financial For more information about S&P Indices, please visit
http://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
http://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 nearly 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/.
DATASOURCE: Standard & Poor's CONTACT: David R. Guarino,
Standard & Poor's, Communications, +1-212-438-1471, Web Site:
http://www.standardandpoors.com/
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