Standard & Poor's Announces Changes to U.S. Indices
December 14 2006 - 6:21PM
PR Newswire (US)
NEW YORK, Dec. 14 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 and S&P REIT
Composite indices: -- MKS Instruments Inc. (NASDAQ:MKSI) will
replace Aleris International Inc. (NYSE:ARS) in the S&P
SmallCap 600 after the close of trading on Tuesday, December 19.
Aleris is being acquired by Texas Pacific Group in a deal expected
to close on or about that date, pending final approvals. -- CT
Communications Inc. (NASDAQ:CTCI) will replace CNS Inc. (NASDAQ:
NASDAQ:CNXS) in the S&P SmallCap 600 after the close of trading
on Tuesday, December 19. CNS is being acquired by S&P Global
1200 constituent GlaxoSmithKline plc in a deal expected to close on
or about that date, pending final approvals. -- U-Store-It Trust
(NYSE:YSI) will replace Windrose Medical Properties Trust
(NYSE:WRS) in the S&P REIT Composite after the close of trading
on Tuesday, December 19. Windrose is being acquired by S&P REIT
Composite constituent Health Care REIT Inc. (NYSE:HCN) 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/.
MKS Instruments supplies the semiconductor and other industries
with gas measurement, control and analysis components, power
supplies, and vacuum products. Headquartered in Wilmington, MA, the
company will be added to the S&P 600 GICS (Global Industry
Classification Standard) Semiconductor Equipment Sub-Industry
index. CT Communications provides a variety of
telecommunications-related services to its residential and business
customers. Headquartered in Concord, NC, the company will be added
to the S&P 600 GICS Integrated Telecommunication Services
Sub-Industry index. U-Store-It engages in the ownership, operation,
acquisition, and development of self-storage facilities.
Headquartered in Cleveland, OH, the company will be added to the
S&P REIT Composite GICS Specialized REITs sub- industry.
Following is a summary of the changes: S&P SMALLCAP 600 INDEX -
December 19, 2006 COMPANY GICS ECONOMIC GICS SUB-INDUSTRY SECTOR
ADDED MKS Instruments Information Semiconductor Technology
Equipment CT Communications Telecommunication Integrated Services
Telecommunication Services DELETED Aleris Materials Aluminum CNS
Inc. Health Care Pharmaceuticals S&P REIT COMPOSITE INDEX -
December 19, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED U-Store-It Financials Specialized REITs DELETED Windrose
Financials Specialized REITs 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 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 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 +1-212-438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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