NEW YORK, Aug. 16, 2011 /PRNewswire/ -- S&P will make
the following changes to the S&P SmallCap 600 Index:
- iRobot Corp. (NASD: IRBT) will replace EMS Technologies Inc.
(NASD: ELMG) after the close of trading on Friday, August 19. S&P 500 constituent
Honeywell International (NYSE: HON) is acquiring EMS Technologies
in a deal expected to be completed on or about that date pending
final approvals.
- Tennant Co. (NYSE: TNC) will replace Gerber Scientific Inc.
(NYSE: GRB) after the close of trading on a date to be announced.
Private equity firm Vector Capital is acquiring Gerber Scientific
in a deal expected to be completed soon, pending final
conditions.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
iRobot designs and builds robots for the consumer, government,
and industrial markets. Headquartered in Bedford, MA, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard)
Household Appliances Sub-Industry index.
Tennant engages in the design, manufacture, and marketing
cleaning solutions worldwide. Headquartered in Minneapolis, MN, the company will be added to
the S&P SmallCap 600 GICS Industrial Machinery Sub-Industry
index.
Following is a summary of the changes:
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S&P
SMALLCAP 600 INDEX – August 19, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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iRobot
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Consumer
Discretionary
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Household
Appliances
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DELETED
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EMS
Technologies
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Information
Technology
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Communications
Equipment
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S&P
SMALLCAP 600 INDEX – TBA
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Tennant
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Industrials
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Industrial
Machinery
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DELETED
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Gerber
Scientific
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Information
Technology
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Electronic
Equipment
&
Instruments
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For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, 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 Standard & Poor's