Standard & Poor's Announces Changes to U.S. Index
05 April 2006 - 8:59AM
PR Newswire (US)
NEW YORK, April 4 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 index: *
TradeStation Group Inc. (NASDAQ:TRAD) will be added to the index
after the close of trading tomorrow, April 5. TradeStation will
take the place of Nature's Sunshine Products Inc. (NASDAQ:NATRE),
which was removed from the index after this evening's close of
trading. NATRE will be delisted from the NASDAQ National Market
before tomorrow's market open for failing to comply with listing
requirements. * United Online Inc. (NASDAQ:UNTD) will replace
Burlington Coat Factory Warehouse Corp. (NYSE:BCF) in the S&P
SmallCap 600 after the close of trading on Monday, April 10.
Burlington is being taken private by Bain Capital Partners in a
deal expected to close on or about that date, pending final
approval. Standard & Poor's will monitor these transactions,
and post any relevant updates on its website:
http://www.standardandpoors.com/. TradeStation Group operates an
Internet-based securities brokerage for institutional, professional
and active individual traders. Headquartered in Plantation, FL, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Investment Banking &
Brokerage Sub-Industry index. United Online provides consumer
Internet subscription services through a number of brands,
including NetZero, NetZero Voice, Juno and Classmates.
Headquartered in Woodland Hills, CA, the company will be added to
the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Internet Software & Services Sub-Industry index.
Following is a summary of the changes: S&P SMALLCAP 600 INDEX -
April 4, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
DELETED Nature's Sunshine Consumer Staples Personal Products
S&P SMALLCAP 600 INDEX - April 5, 2006 COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED TradeStation Financials Investment
Banking & Brokerage S&P SMALLCAP 600 INDEX - April 10, 2006
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED United Online
Information Technology Internet Software & Services DELETED
Burlington Consumer Discretionary Apparel Retail Coat Factory
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 independent credit ratings, indices,
risk evaluation, investment research and data. With approximately
6,300 employees located in 20 countries and markets, 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 290 offices in 38 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, (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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