Standard & Poor's Announces Changes to U.S. Indices

Sep 24, 2007, 01:00 ET from Standard & Poor's

    NEW YORK, Sept. 24 /PRNewswire/ -- Standard & Poor's will make the
 following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600
 indices:
     -- InterContinental Exchange Inc. (NYSE:   ICE) will be added to the S&P 500
        after the close of trading on Tuesday, September 25.  It will take the
        place of First Data Corp. (NYSE:   FDC), which was removed from the S&P
        500 after today's close of trading pursuant to its completed
        acquisition by Kohlberg Kravis Roberts & Co.
 
     -- Tesoro Corp. (NYSE:   TSO) will replace Maxim Integrated Products Inc.
        (Nasdaq:   MXIM) in the S&P 500 after the close of trading on Wednesday,
        September 26.  Maxim is scheduled to be delisted by the NASDAQ exchange
        after the close of trading on or about that date.
 
     -- Teradata Corp. (NYSE:   TDCwi) will replace NCR Corp. (NYSE:   NCR) in the
        S&P 500 and NCR Corp. (NYSE:   NCRwi) will replace Beazer Homes USA Inc.
        (NYSE:   BZH) in the S&P MidCap 400 after the close of trading on Friday,
        September 28.  Teradata is being spun off by NCR Corp. in a transaction
        expected to close on or about that date.  At today's close of trading,
        Beazer had a market capitalization of approximately $354 million,
        ranking 400th in the index.
 
     -- Expedia Inc. (Nasdaq:   EXPE) will replace Solectron Corp. (NYSE:   SLR) in
        the S&P 500 after the close of trading on Monday, October 1.  Solectron
        is being acquired by Flextronics International Ltd. (Nasdaq:   FLEX) in a
        deal expected to close on or about that date, pending final approvals.
 
     -- optionsXpress Holdings Inc. (Nasdaq:   OXPS) will replace RARE
        Hospitality International Inc. (Nasdaq:   RARE) in the S&P SmallCap 600
        after the close of trading on Friday, September 28.  RARE Hospitality
        is being acquired by S&P 500 constituent Darden Restaurants Inc.
        (NYSE:   DRI) in a deal expected to close on or about that date, pending
        final approvals.
     Standard & Poor's will monitor these transactions, and post any
 relevant updates on its website: www.standardandpoors.com.
     InterContinental Exchange owns and operates an Internet-based global
 electronic marketplace. Headquartered in Atlanta, GA, the company will be
 added to the S&P 500 GICS (Global Industry Classification Standard)
 Specialized Finance Sub-Industry index.
     Tesoro engages in refining and marketing petroleum products in the
 United States. Headquartered in San Antonio, TX, the company will be added
 to the S&P 500 GICS Oil & Gas Refining & Marketing Sub-Industry index.
     Teradata provides data warehousing solutions for its customers.
 Headquartered in Duluth, GA, the company will be added to the S&P 500 GICS
 Computer Hardware Sub-Industry index.
     Expedia operates as an online travel company. Headquartered in
 Bellevue, WA, the company will be added to the S&P 500 GICS Internet Retail
 Sub-Industry index.
     NCR provides technology and services that help businesses to interact,
 connect, and relate with their customers. Headquartered in Dayton, OH, the
 company will be added to the S&P MidCap 400 GICS Computer Hardware Sub-
 Industry index.
     optionsXpress offers an online retail platform that provides brokerage
 services. Headquartered in Chicago, IL, the company will be added to the
 S&P SmallCap 600 GICS Investment Banking & Brokerage Sub-Industry index.
     Following is a summary of the changes:
 
                       S&P 500 INDEX - September 24, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     DELETED   First Data       Information Technology        Processing &
                                Data                          Outsourced
                                                              Services
 
                       S&P 500 INDEX - September 25, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     InterContinental  Financials                   Specialized
               Exchange                                       Finance
 
                       S&P 500 INDEX - September 26, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Tesoro           Energy                        Oil & Gas
                                                              Refining &
                                                              Marketing
 
     DELETED   Maxim            Information Technology        Semiconductors
               Integrated
               Products
 
                       S&P 500 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Teradata         Information Technology        Computer Hardware
 
     DELETED   NCR              Information Technology        Computer Hardware
 
 
                        S&P 500 INDEX - October 1, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Expedia          Consumer Discretionary        Internet Retail
 
     DELETED   Solectron        Information Technology        Electronic
                                                              Manufacturing
                                                              Services
 
                   S&P MIDCAP 400 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     NCR              Information Technology        Computer Hardware
 
     DELETED   Beazer Homes     Consumer Discretionary        Homebuilding
 
 
                  S&P SMALLCAP 600 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     optionsXpress   Financials                     Investment
               Holdings                                       Banking
                                                              & Brokerage
 
     DELETED   RARE             Consumer Discretionary        Restaurants
               Hospitality
               International
     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 financial market intelligence,
 including independent credit ratings, indices, risk evaluation, investment
 research and data. With approximately 8,500 employees, including wholly
 owned affiliates, located 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.
     About The McGraw-Hill Companies:
     Founded in 1888, The McGraw-Hill Companies (NYSE:   MHP) 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, McGraw-Hill Education,
 BusinessWeek and J.D. Power and Associates. The Corporation has more than
 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional
 information is available at http://www.mcgraw-hill.com.
 
 

SOURCE Standard & Poor's
    NEW YORK, Sept. 24 /PRNewswire/ -- Standard & Poor's will make the
 following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600
 indices:
     -- InterContinental Exchange Inc. (NYSE:   ICE) will be added to the S&P 500
        after the close of trading on Tuesday, September 25.  It will take the
        place of First Data Corp. (NYSE:   FDC), which was removed from the S&P
        500 after today's close of trading pursuant to its completed
        acquisition by Kohlberg Kravis Roberts & Co.
 
     -- Tesoro Corp. (NYSE:   TSO) will replace Maxim Integrated Products Inc.
        (Nasdaq:   MXIM) in the S&P 500 after the close of trading on Wednesday,
        September 26.  Maxim is scheduled to be delisted by the NASDAQ exchange
        after the close of trading on or about that date.
 
     -- Teradata Corp. (NYSE:   TDCwi) will replace NCR Corp. (NYSE:   NCR) in the
        S&P 500 and NCR Corp. (NYSE:   NCRwi) will replace Beazer Homes USA Inc.
        (NYSE:   BZH) in the S&P MidCap 400 after the close of trading on Friday,
        September 28.  Teradata is being spun off by NCR Corp. in a transaction
        expected to close on or about that date.  At today's close of trading,
        Beazer had a market capitalization of approximately $354 million,
        ranking 400th in the index.
 
     -- Expedia Inc. (Nasdaq:   EXPE) will replace Solectron Corp. (NYSE:   SLR) in
        the S&P 500 after the close of trading on Monday, October 1.  Solectron
        is being acquired by Flextronics International Ltd. (Nasdaq:   FLEX) in a
        deal expected to close on or about that date, pending final approvals.
 
     -- optionsXpress Holdings Inc. (Nasdaq:   OXPS) will replace RARE
        Hospitality International Inc. (Nasdaq:   RARE) in the S&P SmallCap 600
        after the close of trading on Friday, September 28.  RARE Hospitality
        is being acquired by S&P 500 constituent Darden Restaurants Inc.
        (NYSE:   DRI) in a deal expected to close on or about that date, pending
        final approvals.
     Standard & Poor's will monitor these transactions, and post any
 relevant updates on its website: www.standardandpoors.com.
     InterContinental Exchange owns and operates an Internet-based global
 electronic marketplace. Headquartered in Atlanta, GA, the company will be
 added to the S&P 500 GICS (Global Industry Classification Standard)
 Specialized Finance Sub-Industry index.
     Tesoro engages in refining and marketing petroleum products in the
 United States. Headquartered in San Antonio, TX, the company will be added
 to the S&P 500 GICS Oil & Gas Refining & Marketing Sub-Industry index.
     Teradata provides data warehousing solutions for its customers.
 Headquartered in Duluth, GA, the company will be added to the S&P 500 GICS
 Computer Hardware Sub-Industry index.
     Expedia operates as an online travel company. Headquartered in
 Bellevue, WA, the company will be added to the S&P 500 GICS Internet Retail
 Sub-Industry index.
     NCR provides technology and services that help businesses to interact,
 connect, and relate with their customers. Headquartered in Dayton, OH, the
 company will be added to the S&P MidCap 400 GICS Computer Hardware Sub-
 Industry index.
     optionsXpress offers an online retail platform that provides brokerage
 services. Headquartered in Chicago, IL, the company will be added to the
 S&P SmallCap 600 GICS Investment Banking & Brokerage Sub-Industry index.
     Following is a summary of the changes:
 
                       S&P 500 INDEX - September 24, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     DELETED   First Data       Information Technology        Processing &
                                Data                          Outsourced
                                                              Services
 
                       S&P 500 INDEX - September 25, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     InterContinental  Financials                   Specialized
               Exchange                                       Finance
 
                       S&P 500 INDEX - September 26, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Tesoro           Energy                        Oil & Gas
                                                              Refining &
                                                              Marketing
 
     DELETED   Maxim            Information Technology        Semiconductors
               Integrated
               Products
 
                       S&P 500 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Teradata         Information Technology        Computer Hardware
 
     DELETED   NCR              Information Technology        Computer Hardware
 
 
                        S&P 500 INDEX - October 1, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     Expedia          Consumer Discretionary        Internet Retail
 
     DELETED   Solectron        Information Technology        Electronic
                                                              Manufacturing
                                                              Services
 
                   S&P MIDCAP 400 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     NCR              Information Technology        Computer Hardware
 
     DELETED   Beazer Homes     Consumer Discretionary        Homebuilding
 
 
                  S&P SMALLCAP 600 INDEX - September 28, 2007
               COMPANY          GICS ECONOMIC SECTOR          GICS SUB-INDUSTRY
     ADDED     optionsXpress   Financials                     Investment
               Holdings                                       Banking
                                                              & Brokerage
 
     DELETED   RARE             Consumer Discretionary        Restaurants
               Hospitality
               International
     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 financial market intelligence,
 including independent credit ratings, indices, risk evaluation, investment
 research and data. With approximately 8,500 employees, including wholly
 owned affiliates, located 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.
     About The McGraw-Hill Companies:
     Founded in 1888, The McGraw-Hill Companies (NYSE:   MHP) 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, McGraw-Hill Education,
 BusinessWeek and J.D. Power and Associates. The Corporation has more than
 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional
 information is available at http://www.mcgraw-hill.com.
 
 SOURCE Standard & Poor's

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