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Standard & Poor's Announces Changes to U.S. Indices

  • Press Release
  • Source: Standard & Poor's
  • On 6:03 pm EDT, Thursday September 24, 2009

NEW YORK, Sept. 24 /PRNewswire/ -- S&P will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 Indices:

Related Quotes

SymbolPriceChange
EZPW14.69-0.36
Chart for EZCORP, Inc.
{"s" : "ezpw,fis,ibm,mhp,slh,spss","k" : "c10,l10,p20,t10","o" : "","j" : ""}

  • Solera Holdings Inc. (NYSE: SLH - News) will replace Metavante Technologies Inc. (NYSE: MV - News) in the S&P MidCap 400 after the close of trading on Thursday, October 1. Metavante Technologies is being acquired by S&P 500 constituent Fidelity National Information Services Inc. (NYSE: FIS - News) in a deal expected to be completed on or about that date.

  • EZCORP Inc. (Nasdaq: EZPW - News) will replace SPSS Inc. (Nasdaq: SPSS - News) in the S&P SmallCap 600 after the close of trading on a date to be announced. S&P 100 & 500 constituent International Business Machines Corp. (NYSE: IBM - News) is acquiring SPSS in a transaction expected to close soon pending final approvals.

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

Solera Holdings is a provider of software and services to the automobile insurance claims processing industry. Headquartered in San Diego, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.

EZCORP provides credit services to individuals who do not have cash resources or access to credit. Headquartered in Austin, TX, the company will be added to the S&P SmallCap 600 GICS Consumer Finance Sub-Industry index.

Following is a summary of the changes:

                     S&P MIDCAP 400 INDEX -  October 1, 2009

               COMPANY     GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
    ADDED      Solera     Information Technology    Application Software

    DELETED   Metavante   Information Technology     Data Processing &
             Technologies                           Outsourced Services

                       S&P  SMALLCAP 600 INDEX  -  TBA

               COMPANY      GICS ECONOMIC SECTOR      GICS SUB-INDUSTRY
    ADDED      EZCORP            Financials            Consumer Finance

    DELETED     SPSS            Information          Application Software
                                 Technology

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 http://www.standardandpoors.com.

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