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Tessera Technologies Inc. Message Board

  • dark_hedgerow dark_hedgerow Feb 9, 2010 5:57 PM Flag

    Welcome to the S&P Small Cap 600

    NEW YORK, Feb. 9 /PRNewswire/ -- Tessera Technologies Inc. (Nasdaq: TSRA) will replace Financial Federal Corp. (NYSE: FIF) in the S&P SmallCap 600 index after the close of trading on Thursday, February 18. Financial Federal is being acquired by S&P 500 constituent People's United Financial Inc. (Nasdaq: PBCT) in a deal expected to close on or about that date, pending final approvals.

    Standard and Poor's will monitor this transaction, and post any relevant updates on its website:

    Tessera Technologies develops and licenses miniaturization technologies for the electronics industry. Headquartered in San Jose, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Semiconductor Equipment Sub-Industry index.

    AH prices indicate that index funds will be buying tomorrow. Wonder why the charts didn't predict this?

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