S&P Announces Changes to U.S. Index: ONB for ASVI, PQ for HH
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Old National Bancorp (NYSE: ONB) will replace A.S.V. Inc. (NASDAQ: ASVI). A.S.V. is being acquired by S&P 500 constituent Terex Corporation (NYSE: TEX) in a deal expected to close on or about that date, pending final approvals.
PetroQuest Energy Inc. (NYSE: PQ) will replace Hooper Holmes Inc. (AMEX: HH). At today’s close of trading Hooper Holmes had a market value of approximately $59 million, whereas the minimum market cap a company must maintain to be eligible for admission to the S&P SmallCap 600 is currently $300 million.
PetroQuest Energy Inc. (NYSE: PQ) will replace Hooper Holmes Inc. (AMEX: HH). At today’s close of trading Hooper Holmes had a market value of approximately $59 million, whereas the minimum market cap a company must maintain to be eligible for admission to the S&P SmallCap 600 is currently $300 million.
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