Standard & Poor's Announces Change to U.S. Index
November 09 2009 - 5:54PM
PR Newswire (US)
NEW YORK, Nov. 9 /PRNewswire/ -- UCBH Holdings Inc. (NASDAQ:UCBH)
will be deleted from the S&P SmallCap 600 after the close of
trading on Tuesday, November 10. The company's main subsidiary has
been placed into Federal Deposit Insurance Corporation
receivership. UCBH's place in the S&P SmallCap 600 will be
taken by Lumber Liquidators Inc. (NYSE:LL) effective after the
close of trading on Monday, November 16. The S&P SmallCap 600
will trade with 599 stocks until that time. Standard & Poor's
will monitor this action, and post any relevant updates on its
website: http://www.standardandpoors.com/. Lumber Liquidators is a
specialty retailer of hardwood flooring. Headquartered in Toano,
VA, the company will be added to the S&P SmallCap 600 GICS
(Global Industry Classification Standard) Home Improvement Retail
Sub-Industry index. Following is a summary of the change: S&P
SMALLCAP 600 INDEX - NOVEMBER 10, 2009
------------------------------------------------------- COMPANY
GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ---------
----------------------- ----------------- DELETED UCBH Financials
Regional Banks Holdings -------- --------- -----------------------
----------------- S&P SMALLCAP 600 INDEX - NOVEMBER 16, 2009
-------------------------------------------------------- COMPANY
GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ----------
----------------------- ----------------- ADDED Lumber Consumer
Discretionary Home Improvement Liquidators Retail ------
----------- ----------------------- ---------------- About Standard
& Poor's Index Services Standard & Poor's Index Services,
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 M. Blitzer, Ph.D.,
Managing Director & Chairman of the Index Committee,
+1-212-438-3907 Web Site: http://www.standardandpoors.com/
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