First Health (NASDAQ:FHCC)
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Standard & Poor's Announces Change to U.S. Index
NEW YORK, Jan. 24 /PRNewswire-FirstCall/ -- Gen-Probe Inc. (NASDAQ:GPRO) will
replace First Health Group Corp. (NASDAQ:FHCC) in the S&P MidCap 400 after the
close of trading on Friday, January 28. First Health Group is being acquired
by S&P MidCap 400 constituent Coventry Health Care Inc. (NYSE:CVH) in a deal
expected to close on or about that date, pending final approval.
Standard & Poor's will monitor this transaction, and post any relevant updates
on its website: http://www.standardandpoors.com/.
Gen-Probe Inc. supplies nucleic acid tests used for diagnosing human diseases
and screening donated human blood. Headquartered in San Diego, CA, the company
will be added to the S&P MidCap 400 GICS (Global Industry Classification
Standard) Biotechnology Sub-Industry Index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX - January 28, 2005
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Gen-Probe Inc. Health Care Biotechnology
DELETED First Health Group Health Care Managed Health Care
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
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confident about their investment and financial decisions. For more
information, visit http://www.standardandpoors.com/.
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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/
http://www.mcgraw-hill.com/