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EXPD Expeditors International of Washington Inc

117.53
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Expeditors International of Washington Inc NASDAQ:EXPD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 117.53 117.00 119.23 0 01:00:00

Standard & Poor's Announces Changes to U.S. Indices

08/10/2007 10:53pm

PR Newswire (US)


Expeditors International... (NASDAQ:EXPD)
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NEW YORK, Oct. 8 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500 and S&P MidCap 400 indices: -- S&P MidCap 400 constituent Expeditors International of Washington Inc. (NASD: EXPD) will replace TXU Corp. (NYSE:TXU) in the S&P 500 and Terra Industries Inc. (NYSE:TRA) will replace Expeditors International in the S&P MidCap 400 after the close of trading on Tuesday, October 9. TXU Corp. is being acquired by a group of investors led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group in a deal expected to close on or about that date, pending final approvals. -- Guess? Inc. (NYSE:GES) will replace CDW Corp. (NASD: CDWC) in the S&P MidCap 400 after the close of trading on a date to be announced. CDW Corp. is being acquired by Madison Dearborn Partners, LLC in a deal still pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/. Expeditors International provides logistics services worldwide. Headquartered in Seattle, WA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Air Freight & Logisitics Sub- Industry index. Terra Industries engages in the production and marketing of nitrogen and methanol products for agricultural and industrial markets. Headquartered in Sioux City, IA, the company will be added to the S&P MidCap 400 GICS Fertilizers & Agricultural Chemicals Sub-Industry index. Guess? engages in the design, marketing, distribution, and licensing of lifestyle collections of apparel and accessories for men, women, and children. Headquartered in Los Angeles, CA, the company will be added to the S&P MidCap 400 GICS Apparel Retail Sub-Industry index. Following is a summary of the changes: S&P 500 INDEX - October 9, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Expeditors Industrials Air Freight & Logistics International DELETED TXU Utilities Independent Power Producers & Energy Traders S&P MIDCAP 400 INDEX - October 9, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Terra Materials Fertilizers & Industries Agricultural Chemicals DELETED Expeditors Industrials Air Freight & Logistics International S&P MIDCAP 400 INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Guess? Consumer Discretionary Apparel Retail DELETED CDW Corp. Information Technology Technology Distributors 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 8,500 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 (NYSE:MHP) 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 280 offices in 40 countries. Sales in 2006 were $6.3 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 +1-212-438-3907 Web site: http://www.standardandpoors.com/ http://www.mcgraw-hill.com/

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