Standard & Poor's Announces Changes to U.S. Indices
28 4월 2006 - 8:01AM
PR Newswire (US)
NEW YORK, April 27 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 and S&P REIT
Composite indices: -- Sterling Bancorp (NYSE:STL) will replace
Pegasus Solutions Inc. (NASD: PEGS) in the S&P SmallCap 600
after the close of trading on Wednesday, May 3, 2006. Pegasus is
being acquired by Prides Capital Partners LLC in a deal expected to
close on or about that date, pending final approval. -- Radio One
Inc. (NASD: ROIAK) will replace iPayment Inc. (NASD: IPMT) in the
S&P SmallCap 600 after the close of trading on Friday, May 5,
2006. iPayment is being taken private in a deal expected to close
on or about that date, pending final approval. -- Digital Realty
Trust Inc. (NYSE:DLR) will replace MeriStar Hospitality Corp.
(NYSE:MHX) in the S&P REIT Composite after the close of trading
on Tuesday, May 2, 2006. MeriStar is being acquired by The
Blackstone Group and affiliates in a deal expected to close on or
about that date, pending final approval. -- Sunstone Hotel
Investors Inc. (NYSE:SHO) will replace Arden Realty Inc. (NYSE:ARI)
in the S&P REIT Composite after the close of trading on
Tuesday, May 2, 2006. Arden is being acquired by GE Real Estate in
a deal expected to close on or about that date, pending final
approval. -- First Potomac Realty Trust (NYSE:FPO) will replace
Bedford Property Investors Inc. (NYSE:BED) in the S&P REIT
Composite after the close of trading on Wednesday, May 3, 2006.
Bedford is being acquired by an affiliate of LBA Realty LLC in a
deal expected to close on or about that date, pending final
approval. Standard & Poor's will monitor these transactions,
and post any relevant updates on its website:
http://www.standardandpoors.com/. Sterling Bancorp provides
commercial banking services. Headquartered in New York, NY, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Regional Banks Sub-Industry
index. Radio One operates radio broadcasting stations.
Headquartered in Lanham, MD, the company will be added to the
S&P SmallCap 600 Broadcasting & Cable TV Sub-Industry
index. Digital Realty Trust is a REIT that specializes in the
ownership and management of technology-related real estate.
Headquartered in San Francisco, CA, the company will be added to
the S&P REIT Composite GICS Specialized REITs Sub-Industry
index. Sunstone Hotel Investors buys, owns and renovates primarily
upper-upscale full-service hotels. Headquartered in San Clemente,
CA, the company will be added to the S&P REIT Composite GICS
Specialized REITs Sub-Industry index. First Potomac Realty Trust
buys, owns, and operates industrial and flex properties in the
Washington, D.C. metropolitan area, as well as in Virginia and
Maryland. Headquartered in Bethesda, MD, the company will be added
to the S&P REIT Composite GICS Industrial REITs Sub-Industry
index. Following is a summary of the changes: S&P SMALLCAP 600
INDEX - May 3, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Sterling Bancorp Financials Regional Banks DELETED Pegasus
Solutions Information Technology Data Processing & Outsourced
Solutions S&P SMALLCAP 600 INDEX - May 5, 2006 COMPANY GICS
ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Radio One Consumer
Discretionary Broadcasting & Cable TV DELETED iPayment
Information Technology Data Processing & Outsourced Services
S&P REIT COMPOSITE INDEX - May 2, 2006 COMPANY GICS ECONOMIC
SECTOR GICS SUB-INDUSTRY ADDED Digital Realty Trust Financials
Specialized REITs Sunstone Hotel Investors Financials Specialized
REITs DELETED MeriStar Hospitality Financials Specialized REITs
Arden Realty Financials Office REITs S&P REIT COMPOSITE INDEX -
May 3, 2006 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED
First Potomac Realty Financials Industrial REITs Trust DELETED
Bedford Property Financials Diversified REITs Investors 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 independent credit ratings, indices, risk
evaluation, investment research and data. With approximately 6,300
employees located in 21 countries and markets, 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 is
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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 290 offices in 38 countries. Sales in
2005 were $6.0 billion. Additional information is available at
http://www.mcgraw-hill.com/. DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D. Managing Director & Chairman
of the Index Committee (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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