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S&P Announces Changes to US Indices: EPAY for OSTE in SmallCap 600, DECK for PSYS in MidCap 400, LOGM for DECK in SmallCap 600, PII for ME in MidCap 400, KS for PII in SmallCap 600

November 4, 2010 5:24 PM EDT
EPAY Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -19.2%
Bottomline Technologies (de) Inc. (NASDAQ: EPAY) will replace Osteotech Inc. (NASDAQ: OSTE) in the S&P SmallCap 600 after the close of trading on Tuesday, November 9. Osteotech is being acquired by S&P 100 & 500 constituent Medtronic Inc. (NYSE: MDT) in a deal expected to be completed soon, pending final approvals.

S&P SmallCap 600 constituent Deckers Outdoor Corp. (NASDAQ: DECK) will replace Psychiatric Solutions Inc. (NASDAQ: PSYS) in the S&P MidCap 400, and LogMeIn Inc. (NASDAQ: LOGM) will replace Deckers Outdoor in the S&P SmallCap 600 after the close of trading on Wednesday, November 10. S&P MidCap 400 constituent Universal Health Services, Inc. (NYSE: UHS) is acquiring Psychiatric Solutions in a deal expected to be completed on or about that date pending final approvals.

S&P SmallCap 600 constituent Polaris Industries Inc. (NYSE: PII) will replace Mariner Energy Inc. (NYSE: ME) in the S&P MidCap 400, and KapStone Paper and Packaging Corp. (NYSE: KS) will replace Polaris Industries in the S&P SmallCap 600 after the close of trading on Wednesday, November 10. S&P 500 constituent Apache Corp. (NYSE: APA) is acquiring Mariner Energy in a deal expected to be completed on or about that date pending final approvals.


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