S&P Indices Announces Change to U.S. Index
PR Newswire
NEW YORK

 

 

 

 

NEW YORK, April 4, 2012 /PRNewswire/ -- Cinemark Holdings, Inc.  (NYSE: CNK) will replace NSTAR (NYSE: NST) in the S&P MidCap 400 index after the close of trading on Monday, April 9. S&P 500 constituent Northeast Utilities (NYSE: NU) is acquiring NSTAR in a deal expected to be completed on or about that date, pending final approvals.

Cinemark Holdings builds, acquires and manages movie theatres. Headquartered Plano, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Movies & Entertainment Sub-Industry index.

Following is a summary of the change:

 

S&P MIDCAP 400  INDEX  – April 9, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cinemark Holdings

Consumer Discretionary

Movies & Entertainment

DELETED

NSTAR

Utilities

Multi-Utilities

 

 

 

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S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE: MHP), maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.45 trillion is directly indexed to our indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit: www.standardandpoors.com/indices.

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For more information:

Dave Guarino
Communications
S&P Indices
dave_guarino@standardandpoors.com
212-438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3908

SOURCE S&P Indices