what do yo think-NEW YORK, Feb. 27, 2013 /PRNewswire/ -- S&P Dow Jones Indices today announces revisions to S&P Global Indices, S&P U.S. Indices and Dow Jones Global Indices to be effective with the March quarterly review after the close of trading on Friday, March 15:
All weekly share change announcements will be made on Fridays at 5:15 pm for implementation the following Friday night (Monday morning effective date). Previously, all weekly share changes were announced on Wednesday night for implementation the following Wednesday night.
Mortgage REITs (GICS code 40402030) will now be eligible for inclusion in S&P Global Indices and S&P U.S. Indices provided they meet all other index inclusion criteria. Previously, mortgage REITs were not eligible for inclusion
It really depends on the way an investor looks at the 4th quarter. The funds from the SPO was, for the most part, on the sidelines. Consequently, while the 4th quarter had more shares outstanding, the actual earnings reflect the pre-SPO outstanding shares. Once the SPO funds are fully invested, then I think the earnings will be more in line with the post-SPO outstanding shares.