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S&P Announces Changes to SmallCap 600 Index: ORN for ODSY, KIRK for SXE, VLTR for PFWD

August 9, 2010 5:26 PM EDT
ORN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: -35.7%
Orion Marine Group Inc. (NYSE: ORN) will replace Odyssey HealthCare Inc. (NASDAQ: ODSY) after the close of trading on Monday, August 16. Odyssey HealthCare is being acquired by S&P Small Cap 600 constituent Gentiva Health Services Inc. (NASDAQ: GTIV) in a deal expected to close on or about that date pending final approvals.

Kirkland’s Inc. (Nasdaq: KIRK) will replace Stanley Inc. (NYSE: SXE) after the close of trading on Monday, August 16. Stanley is being acquired by S&P/TSX Composite constituent CGI Group Inc. in a tender offer expected to expire on or about that date.

Volterra Semiconductor Corp. (NASDAQ: VLTR) will replace Phase Forward Inc. (NASDAQ: PFWD) after the close of trading on a date to be announced. Phase Forward is being acquired by S&P 500 constituent Oracle Corp. (NASDAQ: ORCL) in a deal expected to close soon, pending final approvals.


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