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S&P Announces Changes to Indices: Varian (VSEA) for J. Crew (JCG) in MidCap 400, Prestige (PBH) for Varian in SmallCap 600

March 1, 2011 5:22 PM EST
VSEA Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)
S&P SmallCap 600 constituent Varian Semiconductor Equipment Associates Inc. (NASDAQ: VSEA) will replace J.Crew Group Inc. (NYSE: JCG) in the S&P MidCap 400 index, and Prestige Brands Holdings Inc. (NYSE: PBH) will replace Varian Semiconductor Equipment Associates in the S&P SmallCap 600 after the close of trading on Friday, March 4, 2011. J. Crew is being acquired by affiliates of private equity firm TPG Capital in a deal expected to close soon.


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