S&P Announces Changes to U.S. Indices (PCX for CBRL, ECLP for WHQ)

July 17, 2008 5:19 PM EDT

S&P SmallCap 600 constituent Patriot Coal Corp. (NYSE: PCX) will replace CBRL Group Inc. (NASDAQ: CBRL) in the S&P MidCap 400, and CBRL will replace Patriot Coal in the S&P SmallCap 600. Patriot Coal is in the process of acquiring privately-held Magnum Coal Co. for stock in a transaction that will substantially increase its market capitalization. CBRL’s profitability and market value make it an appropriate addition to the S&P SmallCap 600.

Eclipsys Corp. (NASDAQ: ECLP) will replace W-H Energy Services Inc. (NYSE: WHQ) in the S&P SmallCap 600. W-H Energy is being acquired by S&P 500 constituent Smith International Inc. (NYSE: SII) in a deal that is still pending final approvals.


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Stocks Mentioned

CBRL 33.72

-0.10 -0.30%
Volume: 140,717
Track CBRL

ECLP 20.03

+0.47 +2.40%
Volume: 898,702
Track ECLP

PCX 12.45

-0.05 -0.40%
Volume: 4,949,386
Track PCX

SII 28.89

-0.20 -0.69%
Volume: 3,667,256
Track SII

WHQ 89.13

+0.00 +0.00%
Volume: 0
Track WHQ


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