-- S&P SmallCap 600 constituent Patriot Coal Corp. (NYSE: PCX) will replace CBRL Group Inc. (Nasdaq: CBRL) in the S&P MidCap 400, and CBRL will replace Patriot Coal in the S&P SmallCap 600. Patriot Coal is in the process of acquiring privately-held Magnum Coal Co. for stock in a transaction that will substantially increase its market capitalization. CBRL's profitability and market value make it an appropriate addition to the S&P SmallCap 600.
-- Eclipsys Corp. (Nasdaq: ECLP) will replace W-H Energy Services Inc. (NYSE: WHQ) in the S&P SmallCap 600. W-H Energy is being acquired by S&P 500 constituent Smith International Inc. (NYSE: SII) in a deal that is still pending final approvals.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.
Patriot Coal produces and sells coal. Headquartered in
CBRL operates Cracker Barrel Old Country Store restaurants and gift shops
located in 41 states. Headquartered in
Eclipsys provides advanced clinical, financial and management information
software and service solutions to health care facilities. Headquartered in
Following is a summary of the changes: S&P MIDCAP 400 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Patriot Coal Energy Coal & Consumable Fuels DELETED CBRL Group Consumer Discretionary Restaurants S&P SMALLCAP 600 INDEX - TBA COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED CBRL Group Consumer Discretionary Restaurants Eclipsys Health Care Health Care Technology DELETED Patriot Coal Energy Coal & Consumable Fuels W-H Energy Energy Oil & Gas Equipment & Services Services
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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