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.