Standard & Poor's Announces Changes to U.S. Index
28 October 2005 - 10:28AM
PR Newswire (US)
NEW YORK, Oct. 27 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600: * Secure
Computing Corp. (NASD: SCUR) will replace NYFIX Inc. (NASD: NYFXE)
after the close of trading Friday, October 28. NYFIX will be
removed from the index on account of low market capitalization. *
MarineMax Inc. (NYSE:HZO) will replace Haggar Corp. (NASD: HGGR),
and Portfolio Recovery Associates Inc. (NASD: PRAA) will replace
PRG-Schultz International Inc. (NASD: PRGX), after the close of
trading Tuesday, November 1. Haggar is being acquired by Infinity
Associates LLC in a deal expected to close on or about that date,
pending final approvals. PRG-Schultz will be removed from the index
on account of low market capitalization. Standard & Poor's will
monitor these transactions, and post any relevant updates on its
website: http://www.standardandpoors.com/. Secure Computing
provides software and services designed to control access to
applications and networks based on user authentication and
authorization. Headquartered in San Jose, CA, the company will be
added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Systems Software Sub-Industry Index.
MarineMax sells and services new and used recreational boats,
motors, trailers, marine parts and accessories. Headquartered in
Clearwater, FL, the company will be added to the S&P SmallCap
600 GICS Leisure Products Sub-Industry Index. Portfolio Recovery
Associates provides receivables management by purchasing,
collecting and managing portfolios of defaulted consumer
receivables. Headquartered in Norfolk, VA, the company will be
added to the S&P SmallCap 600 GICS Diversified Commercial &
Professional Services Sub-Industry Index. Following is a summary of
the changes: S&P SMALLCAP 600 INDEX - October 28, 2005 COMPANY
GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Secure Computing
Information Technology Systems Software DELETED NYFIX Information
Technology Systems Software S&P SMALLCAP 600 INDEX - November
1, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
MarineMax Consumer Discretionary Leisure Products Portfolio
Industrials Diversified Commercial Recovery & Professional
Services DELETED Haggar Consumer Discretionary Apparel, Accessories
& Luxury Goods PRG-Schultz Industrials Diversified Commercial
& Professional Services 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
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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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