Standard & Poor's Announces Changes to U.S. Index29 November 2005
Standard & Poor's will make the following changes to the S&P SmallCap 600: * Brightpoint Inc. (Nasdaq: CELL) will replace Action Performanc ompanies Inc. (NYSE: ATN) after the close of trading on Thursday,December 1. Action Performance is being acquired by Speedwa otorsports Inc. (NYSE: TRK) and S&P MidCap 400 constituen nternational Speedway Corp. (Nasdaq: ISCA) in a deal expected to clos n or about that date, pending final approvals. * South Jersey Industries Inc. (NYSE: SJI) will replace Commercia ederal Corp. (NYSE: CFB) after the close of trading on Friday,December 2. Commercial Federal is being acquired by privately-hel ancWest Corp. in a deal expected to close on or about that date,pending final approvals. * Glacier Bancorp Inc. (Nasdaq: GBCI) will replace Amegy Bancorporatio nc. after the close of trading on Friday, December 2. Amegy is bein cquired by S&P 500 constituent Zions Bancorporation (Nasdaq: ZION) i deal expected to close before the open of trading on Monday, December5, pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com. Brightpoint distributes wireless devices and provides logistics services to mobile operators worldwide. Headquartered in Plainfield, IN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Technology Distributors Sub-Industry Index. South Jersey Industries markets natural gas and provides total energy management services. Headquartered in Folsom, NJ, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Gas Utilities Sub-Industry Index. Glacier Bancorp operates banking offices in Montana, Idaho, Utah and Washington. Headquartered in Kalispell, MT, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry Index. Following is a summary of the changes: S&P SMALLCAP 600 INDEX - December 1, 2005 COMPANYGICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDEDBrightpoint Information Technology Technology Distributors DELETED Action PerformanceConsumer Discretionary Leisure Products S&P SMALLCAP 600 INDEX - December 2, 2005 COMPANYGICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDEDSouth JerseyUtilitiesGas Utilities Industries Glacier Bancorp Financials Regional Banks DELETED Commercial Federal Financials Thrifts & Mortgage Finance Amegy Bancorporation Financials Regional Banks 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 research and data. With approximately 6,300 employees located in 20 countries and markets, 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 290 offices in 37 countries. Sales in 2004 were $5.3 billion. Additional information is available at http://www.mcgraw-hill.com.
Source: PR Newswire
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