Tell us what you think about the new Article Page. Send us feedback
TORONTO, Nov. 26 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of EnCana Corporation (TSX:ECA) have approved the division of the company into two separate listed companies. EnCana will go forward as a natural gas company, trading under the same ticker symbol and it will remain a constituent of all the same indices in which it exists currently. Cenovus Energy Inc. (TSX:CVE), a newly-listed integrated oil company, will be added to all the same indices where EnCana is currently a constituent. Groupe Aeroplan Inc. (TSX:AER) will be removed from the S&P/TSX 60, 60 Capped and Equity 60 indices and placed in the S&P/TSX Completion and Equity Completion indices. It is anticipated that these transactions will be effective after the close of trading on Wednesday, December 2, 2009.Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
About Standard & Poor's Index Services
Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents and the S&P GSCI, the industry's most closely-watched commodities index. For more information, please visit www.standardandpoors.com/indices.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP - News), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit: www.standardandpoors.com.
For further information
Tony North, (416) 507-3204, sp_index@standardandpoors.com
Dave Guarino, (212) 438-1471, Dave_guarino@standardandpoors.com
Copyright © 2010 CNW Group. All rights reserved. All the news releases provided by CNW Group are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.