Originally posted by sowersnc
Now, it may warm up in Corn Country...But there's a whole lot more places to heat up in NY. http://trimurl.com/3I8
NEW YORK, Dec. 6 - Standard & Poor's will make the following changes to the S&P 500, S&P MidCap 400, SmallCap 600 and S&P REIT Composite indices: -- E.W. Scripps Co. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=SSP"][color=#0000ff]SSP[/color][/url]) will replace Georgia-Pacific Corp. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=GP"][color=#0000ff]GP[/color][/url]) in the S&P 500 after the close of trading on Thursday, December 15. Georgia-Pacific is being acquired by privately-held Koch Industries Inc. in a tender offer expected to close on or about that date. -- Navigant Consulting Inc. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=NCI"][color=#0000ff]NCI[/color][/url]) will replace York International Corp. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=YRK"][color=#0000ff]YRK[/color][/url]) in the S&P MidCap 400 after the close of trading on Friday, December 9. York is being acquired by S&P 500 constituent Johnson Controls Inc. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=JCI"][color=#0000ff]JCI[/color][/url]) in a deal expected to close on or about that date, pending final approvals. -- S&P REIT Composite constituent Town and Country Trust (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=TCT"][color=#0000ff]TCT[/color][/url]) will replace Goody's Family Clothing Inc. (Nasdaq: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=GDYS"][color=#0000ff]GDYS[/color][/url]), and Novatel Wireless Inc. (Nasdaq: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=NVTL"][color=#0000ff]NVTL[/color][/url]) will replace Zix Corp. (Nasdaq: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=ZIXI"][color=#0000ff]ZIXI[/color][/url]), in the S&P SmallCap 600 after the close of trading on Monday, December 12. Goody's is being acquired by privately-held Prentiss Capital Management in a deal expected to close on or about that date. After today's close of trading Zix's market capitalization was approximately $51 million, ranking 600th in the index. -- Lufkin Industries Inc. (Nasdaq: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=LUFK"][color=#0000ff]LUFK[/color][/url]) will replace Spinnaker Exploration Co. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=SKE"][color=#0000ff]SKE[/color][/url]) in the S&P SmallCap 600 after the close of trading on Tuesday, December 13. Spinnaker is being acquired by S&P Global 1200 constituent Norsk Hydro ASA in a deal expected to close on or about that date. -- Fidelity Bankshares Inc. (Nasdaq: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=FFFL"][color=#0000ff]FFFL[/color][/url]) will replace Capital Automotive REIT in the S&P SmallCap 600, and Cedar Shopping Centers Inc. (NYSE: [url="http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=CDR"][color=#0000ff]CDR[/color][/url]) will replace Capital Automotive in the S&P REIT Composite, after the close of trading on Thursday, December 15. Capital Automotive is being acquired by a group of investors advised by DRA Advisors LLC in a deal expected to close on or about that date. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: [url="http://www.standardandpoors.com/"][color=#0000ff]http://www.standardandpoors.com[/color][/url]. E.W. Scripps is a diversified media concern operating in the publishing, broadcasting and entertainment industries. Headquartered in Cincinnati, OH, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Broadcasting & Cable TV Sub-Industry Index. Navigant is a specialized consulting firm providing litigation, financial services, healthcare, energy and operational consulting services. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS Diversified Commercial & Professional Services Sub-Industry Index. Town and Country Trust owns and manages apartment communities. Headquartered in Baltimore, MD, the company will be added to the S&P SmallCap 600 GICS Real Estate Investment Trusts Sub-Industry Index. Novatel Wireless provides wireless broadband access solutions for the worldwide mobile communications market. Headquartered in San Diego, CA, the company will be added to the S&P SmallCap 600 GICS Computer Storage & Peripherals Sub-Industry Index. Lufkin manufactures and sells power transmission products, oil field pumping units, foundry castings and highway trailers worldwide. Headquartered in Lufkin, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry Index. Fidelity Bankshares operates a network of about 47 offices in Palm Beach, Martin and St. Lucie counties. Headquartered in West Palm Beach, FL, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry Index. Headquartered in Port Washington, NY, Cedar Shopping Centers owns, operates and redevelops community and neighborhood shopping centers. Following is a summary of the changes: S&P 500 INDEX - December 15, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED E.W. Scripps Consumer Broadcasting & Cable Discretionary TV DELETED Georgia-Pacific Materials Paper Products S&P MIDCAP 400 INDEX - December 9, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Navigant Industrials Diversified Consulting Commercial & Professional Services DELETED York Industrials Building Products International S&P SMALLCAP 600 INDEX - December 12, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Town and Financials Real Estate Country Trust Investment Trusts Novatel Information Computer Storage & Wireless Technology Peripherals DELETED Goody's Consumer Apparel Retail Discretionary Zix Information Internet Software & Technology Services S&P SMALLCAP 600 INDEX - December 13, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Lufkin Energy Oil & Gas Equipment Industries & Services DELETED Spinnaker Energy Oil & Gas Exploration & Production S&P SMALLCAP 600 INDEX - December 15, 2005 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Fidelity Financials Thrifts & Mortgage Bankshares Finance DELETED Capital Financials Real Estate Automotive Investment Trusts S&P REIT COMPOSITE INDEX - December 15, 2005 COMPANY REIT TYPE PROPERTY CATEGORY ADDED Cedar Shopping Equity Retail Centers DELETED Capital Equity Specialty Automotive 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.
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