S&P Announces Changes to U.S. Indices (UA for IMB, NFP for LIFC)
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Under Armour Inc. (NYSE: UA) will replace IndyMac Bancorp Inc. (NYSE: IMB) in the S&P MidCap 400 after the close of trading on Thursday, May 15, 2008. As of today’s close of trading, IndyMac Bancorp had a market capitalization of approximately $188 million, ranking 400th in the index.
National Financial Partners Corp. (NYSE: NFP) will replace LifeCell Corp. (NASDAQ: LIFC) in the S&P SmallCap 600 after the close of trading on Friday, May 16, 2008. LIFC is being acquired by S&P MidCap 400 constituent Kinetic Concepts Inc. (NYSE: KCI) in a deal expected to be completed on or about that date, pending final approvals.
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