logo


Standard & Poor's Announces Changes to U.S. Indices - 15-09-08
Monday, September 15, 2008 5:54 PM


NEW YORK, Sept. 15 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 100, S&P 500 and S&P MidCap 400 indices:

    -- Lehman Brothers Holdings Inc. (NYSE: LEH) will be removed from the S&P
       100 and S&P 500 indices after the close of trading on Tuesday,
       September 16.  The company has filed for Chapter 11 bankruptcy
       protection.
       Lehman's place in the S&P 100 will be taken by S&P 500 constituent
       Occidental Petroleum Corp. (NYSE: OXY), Lehman's place in the S&P 500
       will be taken by S&P MidCap 400 constituent Harris Corp. (NYSE: HRS),
       and Harris Corp. will be replaced by Greif Inc. (NYSE: GEF) in the S&P
       MidCap 400, all after the close of trading on Friday, September 19.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.

Headquartered in Los Angeles, CA, Occidental Petroleum operates as a global oil and gas exploration and production company.

Harris offers communications equipment for voice, data and video applications for commercial and governmental customers. Headquartered in Melbourne, FL, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Communications Equipment Sub-Industry index.

Greif produces industrial packaging products, corrugated products and containerboard, and sells timber.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia