Standard & Poor's Announces Change to U.S. Index
26 August 2006 - 8:45AM
PR Newswire (US)
NEW YORK, Aug. 25 /PRNewswire/ -- Charming Shoppes Inc.
(NASDAQ:CHRS) will replace GTECH Holdings Corp. (NYSE:GTK) in the
S&P MidCap 400 index after the close of trading on Monday,
August 28. GTECH is being acquired by S&P/MIB index constituent
Lottomatica SpA in a deal expected to close on or about that date,
pending final approvals. Standard & Poor's will monitor this
transaction, and post any relevant updates on its website:
http://www.standardandpoors.com/. Charming Shoppes is a women's
specialty apparel retailer. Headquartered in Bensalem, PA, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Apparel Retail Sub-Industry
index. Following is a summary of the change: S&P MIDCAP 400
INDEX - August 28, 2006 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Charming Shoppes Consumer Discretionary Apparel
Retail DELETED GTECH Holdings Consumer Discretionary Casinos &
Gaming 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 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, Standard & Poor's, +1-212-438-3907 Web
site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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