Upcoming Change To S&P 500
- Posted by admin on March 18th, 2010 filed in 2010 S&P 500 Changes
S&P MidCap 400 constituent Cerner Corp. (NASD:CERN) will replace BJ Services Co. (NYSE:BJS) in the S&P 500 index, S&P SmallCap 600 constituent MEDNAX Inc. (NYSE:MD) will replace Cerner in the S&P MidCap 400, and MicroStrategy Inc. (NASD:MSTR) will replace MEDNAX in the S&P SmallCap 600 index after the close of trading on a date to be announced. BJ Services is being acquired by S&P 100 & 500 constituent Baker Hughes Inc. in a deal expected to be completed soon, pending final approvals.
Cerner provides healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers. Headquartered in North Kansas City, MO, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Technology Sub-Industry index.
MEDNAX provides neonatal, maternal-fetal and anesthesia physician services. Headquartered in Sunrise, FL, the company will be added to the S&P MidCap 400 GICS Health Care Services Sub-Industry index.
MicroStrategy provides business intelligence software. Headquartered in McLean, VA, the company will be added to the S&P SmallCap 600 GICS Application Software Sub-Industry index.
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