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TORONTO, May 25, 2011 /CNW/ --
TORONTO, May 25, 2011 /CNW/ - Standard & Poor's will make the following
changes in the S&P/TSX Venture Composite Index after the close of
trading on Thursday, May 26, 2011:
-- Rare Element Resources Ltd. (TSXVN:RES) will be removed from
the index. The company will graduate to trade on TSX under the
same ticker symbol. Rare Element will remain a constituent of
the S&P/TSX Venture 30 Index until the next index rebalancing
at the end of July, 2011.
Company additions to and deletions from an S&P equity index do not in
any way reflect an opinion on the investment merits of the company.
About S&P Indices
S&P Indices, a part of McGraw-Hill Financial, is the world's leading
index provider maintaining a wide variety of investable and benchmark
indices. Over $1.25 trillion is directly indexed to Standard & Poor's
family of indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price Indices,
the leading measure of U.S. home prices, the S&P Global BMI, an index
with approximately 11,000 constituents, the S&P GSCI, the industry's
most closely-watched commodities index and the S&P National AMT-Free
Municipal Bond Index, the premier investable index for U.S. municipal
bonds. For more information, please visit www.standardandpoors.com/indices.
About McGraw-Hill Financial
McGraw-Hill Financial, a part of The McGraw-Hill Companies (NYSE: MHP),
is a leading provider of research and analytical tools for investment
advisors, wealth managers and institutional investors. It deploys the
latest innovative technology strategies to deliver to customers a
portfolio of cross-asset analytics, integrated desktop services,
valuation and index benchmarks and investment recommendations in the
rapidly growing $16 billion financial information, data and analytics
market.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/May2011/25/c7560.html
table tr valign="top" td align="left" Tony Northbr/ (416) 507-3204br/ a href="mailto:sp_index@standardandpoors.com"sp_index@standardandpoors.com/a /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" /td td valign="top" align="left" Dave Guarinobr/ 1 212 438 1471br/ a href="mailto:Dave_guarino@standardandpoors.com"Dave_guarino@standardandpoors.com/a /td /tr /table p /p