First Ind Corp (MM) (NASDAQ:FINB)
Historical Stock Chart
From Aug 2019 to Aug 2024
NEW YORK, Dec. 20 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P SmallCap 600 after the close of trading on Monday, December 31:
-- S&P REIT Composite constituent Extra Space Storage Inc. (NYSE:EXR)
will replace First Indiana Corp. (NASD: FINB). First Indiana is being
acquired by S&P 500 constituent Marshall & Ilsley (NYSE:MI) in a deal
expected to close on or about that date, pending final approvals.
-- The Navigators Group Inc. (NASD: NAVG) will replace Chittenden Corp.
(NYSE:CHZ). Chittenden is being acquired by People's United
Financial Inc. (NASD: PBCT) in a deal expected to close on or about
that date, pending final approvals.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.
Extra Space Storage is a REIT specializing in self-storage properties. Headquartered in Salt Lake City, UT, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.
The Navigators Group is an international insurance holding company. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Property & Casualty Insurance Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX - December 31, 2007
COMPANY GICS ECONOMIC GICS SUB-INDUSTRY
SECTOR
ADDED Extra Space Storage Financials Specialized REITs
Navigators Group Financials Property & Casualty
Insurance
DELETED First Indiana Financials Regional Banks
Chittenden 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 financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 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
Standard & Poor's
+1-212-438-3907
Web site: http://www.standardandpoors.com/