S&P Announces Changes to U.S. Indices (AINV for MGI, AIRM for POSS)

March 17, 2008 5:26 PM EDT

MoneyGram International Inc. (NYSE: MGI) will be removed from the S&P MidCap 400 after the close of trading on Tuesday, March 18. As of today’s close of trading, MoneyGram International had a market value of approximately $160 million, ranking 400th in the index.

Apollo Investment Corp. (NASDAQ: AINV) will be added to the S&P MidCap 400 after the close of trading on Wednesday, March 19, taking the place vacated by MoneyGram International.

Air Methods Corporation (NASDAQ: AIRM) will replace Possis Medical Inc. (NASDAQ: POSS) in the S&P SmallCap 600 after the close of trading on Tuesday, March 25. Possis Medical is being acquired by S&P Global 1200 constituent Bayer AG in a tender offer expected to be completed on or about that date. [BCS]


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Stocks Mentioned

AINV 9.05

-0.27 -2.90%
Volume: 2,978,775
Track AINV

AIRM 34.55

+1.86 +5.69%
Volume: 306,869
Track AIRM

MGI 2.85

-0.03 -1.04%
Volume: 214,710
Track MGI

POSS 19.49

+0.00 +0.00%
Volume: 0
Track POSS


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