Advanced Search
Search
  
PR Newswire: news distribution, targeting and monitoring
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire

Other News Releases in Publishing & Information Services

Jean Rah Fya Records Recording Artist Bobby Tinsley Wins for Best R&B/Soul Artist at the 2009 HMMA Awards!

Zagat Surveyors Name Crystal Cruises As Favorite

31 CCHD-Funded Groups Supported, Trained by Pro-Abortion, Homosexual Marriage Activists

Other News Releases in Surveys, Polls and Research

Rentrak Announces Box Office Numbers for Weekend of November 20, 2009

Fandango Sells a Record-Breaking 18% of 'New Moon' Opening Weekend Box Office

U.S. Census Bureau Daily Feature for Nov. 22

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

 

Standard & Poor's Announces Change to U.S. Index

NEW YORK, Nov. 9 /PRNewswire/ -- UCBH Holdings Inc. (Nasdaq: UCBH) will be deleted from the S&P SmallCap 600 after the close of trading on Tuesday, November 10. The company's main subsidiary has been placed into Federal Deposit Insurance Corporation receivership.

UCBH's place in the S&P SmallCap 600 will be taken by Lumber Liquidators Inc. (NYSE: LL) effective after the close of trading on Monday, November 16. The S&P SmallCap 600 will trade with 599 stocks until that time.

Standard & Poor's will monitor this action, and post any relevant updates on its website: www.standardandpoors.com.

Lumber Liquidators is a specialty retailer of hardwood flooring. Headquartered in Toano, VA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Home Improvement Retail Sub-Industry index.

Following is a summary of the change:

                  S&P  SMALLCAP 600 INDEX  -  NOVEMBER  10, 2009
             -------------------------------------------------------
              COMPANY    GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
             ---------  -----------------------   -----------------
    DELETED     UCBH          Financials            Regional Banks
              Holdings
    -------- ---------  -----------------------   -----------------



                   S&P  SMALLCAP 600 INDEX  -  NOVEMBER  16, 2009
            --------------------------------------------------------
              COMPANY    GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
            ----------  -----------------------   -----------------
    ADDED      Lumber     Consumer Discretionary   Home Improvement
            Liquidators                                 Retail
    ------  -----------  -----------------------   ----------------

About Standard & Poor's Index Services

Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 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 Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 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.

SOURCE Standard & Poor's