Standard & Poor's Announces Changes to Indices
20 October 2004 - 9:41AM
PR Newswire (US)
Standard & Poor's Announces Changes to Indices NEW YORK, Oct.
19 /PRNewswire-FirstCall/ -- Standard & Poor's will make the
following changes to the S&P MidCap 400 and S&P SmallCap
600 indices after the close of trading Friday, October 22: -- VCA
Antech Inc. (NASDAQ:WOOF) will replace IMC Global Inc. (NYSE:IGL)
in the S&P MidCap 400. IMC Global is merging with a subsidiary
of privately-held Cargill Inc. in a deal expected to close on or
about that date, subject to final approval. -- Amedisys Inc.
(NASDAQ:AMED) will replace Tower Automotive Inc. (NYSE:TWR) in the
S&P SmallCap 600. Tower Automotive's stock has traded below
$2.00 per share for ten consecutive days. Standard & Poor's
will monitor these transactions, and post any relevant updates on
its website: http://www.standardandpoors.com/. VCA Antech operates
a network of veterinary diagnostic laboratories and freestanding,
full-service animal hospitals. Headquartered in Los Angeles, CA,
the company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Health Care Facilities
Sub-Industry Index. Amedisys is a provider of home healthcare
nursing services. Headquartered in Baton Rouge, LA, the company
will be added to the S&P SmallCap 600 GICS Health Care Services
Sub-Industry Index. Following is a summary of the changes: S&P
MIDCAP 400 INDEX - October 22, 2004 COMPANY GICS ECONOMIC SECTOR
GICS SUB-INDUSTRY ADDED VCA Antech Health Care Health Care
Facilities DELETED IMC Global Materials Fertilizers &
Agricultural Chemicals S&P SMALLCAP 600 INDEX - October 22,
2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Amedisys
Health Care Health Care Services DELETED Tower Consumer
Discretionary Auto Parts & Equipment Automotive 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. 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, data and valuations. With 5000 employees located in 20
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/ . 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, BusinessWeek and McGraw-Hill Education. The Corporation has
more than 280 offices in 40 countries. Sales in 2003 were $4.8
billion. Additional information is available at
http://www.mcgraw-hill.com/ . 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/
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