Zeev,FYI - BLTI -Standard & Poor's Announces Changes to S&P U.S. Indices Monday March 29, 6:09 pm ET
NEW YORK, March 29 /PRNewswire/ -- S&P MidCap 400 constituent Affiliated Computer Services Inc. (NYSE: ACS - News) will replace Travelers Property Casualty Corp. (NYSE: TAP.B - News) in the S&P 500 after the close of trading on Thursday, April 1, 2004. Travelers is being acquired by fellow S&P 500 constituent St. Paul Companies Inc. (NYSE: SPC - News) in a transaction anticipated to close on or about that date. S&P SmallCap 600 constituent Thor Industries Inc. (NYSE: THO - News) will replace Affiliated Computer Services in the S&P MidCap 400, while BioLase Technology Inc. (Nasdaq: BLTI - News) will replace Thor Industries in the S&P SmallCap 600. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.
Affiliated Computer Services provides a full range of information technology services, including technology outsourcing, business process outsourcing, and professional services. The company, headquartered in Dallas, TX, will be added to the S&P 500 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services. Sub-Industry Index.
Thor Industries produces and sells a range of recreation vehicles and small and mid-sized buses in the United States and Canada. The company, headquartered in Jackson Center, OH, will be added to the S&P MidCap 400 GICS Automobile Manufacturers Sub-Industry Index.
BioLase Technology makes and markets advanced medical and surgical products, including dental laser systems. The company, headquartered in San Clemente, CA, will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry Index.
Following is a summary of the changes:
S&P 500 INDEX - April 1, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Affiliated Information Data Processing & Computer Technology Outsourced Services Services DELETED Travelers Financials Property & Casualty Property Insurance Casualty
S&P MIDCAP 400 INDEX - April 1, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Thor Industries Consumer Automobile Discretionary Manufacturers DELETED Affiliated Information Data Processing & Computer Technology Outsourced Services Services
S&P SMALLCAP 600 INDEX - April 1, 2004 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED BioLase Health Care Health Care Technology Equipment DELETED Thor Industries Consumer Automobile Discretionary Manufacturers
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.
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