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Standard & Poor's Announces Changes to U.S. Indices
NEW YORK, April 26 /PRNewswire/ -- Standard & Poor's will make the following
changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
* Anteon International Corp. (NYSE:ANT) will replace Ascential Software
Corp. (NASD: ASCL) in the S&P MidCap 400 after the close of trading on
a date to be announced. Ascential Software is being acquired by S&P
500 constituent International Business Machines Corp. (NYSE:IBM) in a
deal that is subject to final approval.
* Healthcare Services Group Inc. (NASD:HCSG) will replace Curative Health
Services Inc. (NASD:CURE) in the S&P SmallCap 600 after the close of
trading on Friday, April 29. After the close of trading on Monday,
April 25, Curative Health Services had a market capitalization of
approximately $24.6 million, ranking 600th in the index.
As previously announced, all S&P index additions will be made at the added
companies' full float-adjusted market capitalization weight.
Standard & Poor's will monitor these transactions, and post any relevant
updates on its website: http://www.standardandpoors.com/.
Anteon International provides information technology solutions and systems
engineering and integration services to government customers. Headquartered in
Fairfax, VA, the company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) IT Consulting & Other Services Sub-Industry
Index.
Healthcare Services Group provides housekeeping, laundry, linen, facility
maintenance and food services to hospitals and other health care facilities.
Headquartered in Bensalem, PA, the company will be added to the S&P SmallCap
600 Diversified Commercial Services Sub-Industry Index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX - TBA
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Anteon Information Technology IT Consulting &
International Other Services
DELETED Ascential Information Technology Systems Software
Software
S&P SMALLCAP 600 INDEX - April 29, 2005
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Healthcare Industrials Diversified Commercial
Services Group Services
DELETED Curative Health Health Care Health Care Services
Services
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, data and valuations. With 6,000 employees 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/.
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
280 offices in 37 countries. Sales in 2004 were $5.3 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/