NEW YORK, Dec. 8, 2011 /PRNewswire/ -- S&P Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P MidCap 400 constituent AGL Resources Inc. AGL will replace Nicor Inc. GAS in the S&P 500 index, S&P SmallCap 600 constituent HSN Inc. HSNI will replace AGL Resources in the S&P MidCap 400 index, and EnerSys ENS will replace HSN in the S&P SmallCap 600 index after the close of trading on Monday, December 12. AGL Resources is acquiring Nicor in a deal expected to be completed before that date, pending final conditions.

• To ensure each index more appropriately represents its market capitalization range, S&P will make the following index adjustments effective after the close of trading on Friday, December 16:

S&P MidCap 400 constituent BorgWarner Inc. BWA will replace AK Steel Holding Corp. AKS in the S&P 500 index, AK Steel Holding will replace Regeneron Pharmaceuticals Inc. REGN in the S&P SmallCap 600 index, and Regeneron Pharmaceuticals will replace BorgWarner in the S&P MidCap 400 index.

S&P MidCap 400 constituents Perrigo Co. PRGO and Dollar Tree Inc. DLTR will replace Monster Worldwide Inc. MWW and MEMC Electronic Materials Inc. WFR in the S&P 500 index, and Monster Worldwide and MEMC Electronic Materials will replace Perrigo and Dollar Tree in the S&P MidCap 400 index.

S&P SmallCap 600 constituents HMS Holdings Corp. HMSY, World Fuel Services Corp. INT and CLARCOR Inc. CLC will replace The Ryland Group Inc. RYL, Cousins Properties Inc. CUZ and Career Education Corp. CECO in the S&P MidCap 400 index, and The Ryland Group, Cousins Properties and Career Education will replace HMS Holdings, World Fuel Services and CLARCOR in the S&P SmallCap 600 index.

S&P Indices will post any relevant updates on its website: www.standardandpoors.com.

AGL Resources is an energy services company. Headquartered in Atlanta, GA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Gas Utilities Sub-Industry index.

HSN markets and sells a range of third party and private label merchandise. Headquartered in St. Petersburg, FL, the company will be added to the S&P MidCap 400 GICS Catalog Retail Sub-Industry index.

EnerSys manufactures, markets, and distributes industrial batteries. Headquartered in Reading, PA, the company will be added to the S&P SmallCap 600 GICS Electrical Components & Equipment Sub-Industry index.

BorgWarner engages in the manufacture and sale of engineered automotive systems and components. Headquartered in Auburn Hills, MI, the company will be added to the S&P 500 GICS Auto Parts & Equipment Sub-Industry index.

AK Steel Holding produces flat-rolled carbon, stainless and electrical steels, and tubular products. Headquartered in West Chester, OH, the company will be added to the S&P SmallCap 600 GICS Steel Sub-Industry index.

Regeneron Pharmaceuticals discovers, develops, and commercializes pharmaceutical products.  Headquartered in Tarrytown, NY, the company will be added to the S&P MidCap 400 GICS Biotechnology Sub-Industry index.

Perrigo develops, manufactures, and distributes over-the-counter and generic prescription pharmaceuticals, infant formulas, nutritional products, and active pharmaceutical ingredients.  Headquartered in Allegan, MI, the company will be added to the S&P 500 GICS Pharmaceuticals Sub-Industry index.

Dollar Tree operates discount variety stores. Headquartered in Chesapeake, VA, the company will be added to the S&P 500 GICS General Merchandise Stores Sub-Industry index.

MEMC Electronic Materials engages in the development, manufacture, and sale of silicon wafers. Headquartered in St. Peters, MO, the company will be added to the S&P MidCap 400 GICS Semiconductor Equipment Sub-Industry index.

Monster Worldwide provides online employment solutions. Headquartered in New York, NY, the company will be added to the S&P MidCap 400 GICS Internet Software & Services Sub-Industry index.

HMS Holdings Corp. provides cost containment, coordination of benefits, and program integrity services.  Headquartered in New York, NY, the company will be added to the S&P MidCap 400 GICS Health Care Services Sub-Industry index.

World Fuel Services is a fuel logistics company. Headquartered in Miami, FL, the company will be added to the S&P MidCap 400 GICS Oil & Gas Refining & Marketing Sub-Industry index.

CLARCOR provide filtration products, filtration systems and services, and consumer and industrial packaging products. Headquartered in Franklin, TN, the company will be added to the S&P MidCap 400 GICS Industrial Machinery Sub-Industry index.

The Ryland Group operates as a homebuilder and a mortgage-finance company.  Headquartered in Westlake Village, CA, the company will be added to the S&P SmallCap 600 GICS Homebuilding Sub-Industry index.

Cousins Properties, a real estate investment trust (REIT), owns, develops, and manages office and retail properties. Headquartered in St. Peters, MO, the company will be added to the S&P SmallCap 600 GICS Diversified REITs Sub-Industry index.

Career Education operates colleges, schools, and universities. Headquartered in Schaumburg, IL, the company will be added to the S&P SmallCap 600 GICS Education Services Sub-Industry index.

Following is a summary of the changes:

 

 

 

 

 

 

For more information about S&P Indices, please visit www.standardandpoors.com/indices.

About S&P Indices

S&P Indices, a leading brand of the McGraw-Hill Companies MHP, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. 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.

 

For more information contact:

David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907

 

 

 

 

 

 

 

SOURCE S&P Indices