Medindia

X

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

Wednesday, February 27, 2008 General News J E 4
Advertisement
NEW YORK, Feb. 26 West Pharmaceutical Services Inc.(NYSE: WST) will be added to the S&P SmallCap 600 after the close of tradingon Thursday, February 28, 2008. West Pharmaceutical Services will take theplace of Sierra Health Services Inc. (NYSE: SIE), which was removed from theS&P SmallCap 600 after today's close of trading pursuant to its completedacquisition by S&P 500 constituent UnitedHealth Group Inc. (NYSE: UNH).

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

West Pharmaceutical Services manufactures components and systems forinjectable drug delivery and plastic packaging, and delivery systemcomponents. Headquartered in Lionville, PA, the company will be added to theS&P SmallCap 600 GICS (Global Industry Classification Standard) Health CareSupplies Sub-Industry index.

Additions to and deletions from an S&P equity index do not in any wayreflect 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), isthe world's foremost provider of financial market intelligence, includingindependent credit ratings, indices, risk evaluation, investment research anddata. With approximately 7,500 employees, including wholly-owned affiliates,located in 21 countries, Standard & Poor's is an essential part of the world'sfinancial infrastructure, and has played a leading role for more than 140years in providing investors with the independent benchmarks they need to feelmore confident about their investment and financial decisions. For moreinformation, visit http://www.standardandpoors.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading globalinformation services provider meeting worldwide needs in the financialservices, education and business information markets through leading brandssuch as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Powerand Associates. The Corporation has more than 280 offices in 40 countries.Sales in 2007 were $6.8 billion. Additional information is available athttp://www.mcgraw-hill.com.Following is a summary of the change: S&P SMALLCAP 600 INDEX - February 28, 2008 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED West Pharmaceutical Health Care Health Care Supplies Services

SOURCE UnitedHealth Group Inc.
Advertisement


Advertisement

You May Also Like

Advertisement
View All

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions
s
XCPT(TM) Patient Engagement and Communication Soft...
S
Aflac Incorporated to Present at the Raymond James...