Press Releases
NEW YORK, April 18, 2012 /PRNewswire/ -- S&P Indices will make the following changes to the S&P SmallCap 600 index:
- OpenTable, Inc. (NASD: OPEN) will replace ZOLL Medical Corp. (NASD: ZOLL) after the close of trading on Friday, April 20. Asahi Kasei Corp. is acquiring ZOLL in a deal expected to be completed soon, pending final conditions.
- Spectrum Pharmaceuticals, Inc. (NASD: SPPI) will replace Midas, Inc. (NYSE: MDS) after the close of trading on Tuesday, April 24. Midas is being acquired by TBC Corp. in a deal expected to be completed soon pending final conditions.
OpenTable is a provider of real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants. Headquartered in San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index.
Spectrum Pharmaceuticals acquires, develops, and commercializes prescription drug products. Headquartered in Henderson, NV, the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP 600 INDEX – April 20, 2012 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
OpenTable |
Information Technology |
Internet Software & Services |
|
DELETED |
ZOLL Medical |
Health Care |
Health Care Equipment |
|
S&P SMALLCAP 600 INDEX – April 24, 2012 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Spectrum Pharmaceuticals |
Health Care |
Biotechnology |
|
DELETED |
Midas |
Consumer Discretionary |
Automotive Retail |
About S&P Indices
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
