S&P Announces Changes to US Indices: LSTR for PSUN, ASEI for LSTR, BLUD for FBN, AVAV for BLUD, BRLI for MNT

S&P SmallCap 600 constituent Landstar System Inc. (NASDAQ: LSTR) will replace Pacific Sunwear of California Inc. (NASDAQ: PSUN) in the S&P MidCap 400, and American Science and Engineering Inc. (NASDAQ: ASEI) will replace Landstar System in the S&P SmallCap 600, after the close of trading on Friday, January 16. On the same date, S&P SmallCap 600 constituent Immucor Inc. (NASDAQ: BLUD) will replace Furniture Brands International Inc. (NYSE: FBN) in the S&P MidCap 400, and AeroVironment Inc. (NASDAQ: AVAV) will replace Immucor in the S&P SmallCap 600. As of today’s close of trading, Pacific Sunwear and Furniture Brands had market capitalizations of approximately $74 million and $109 million respectively, whereas the minimum market capitalization needed for admission to the S&P MidCap 400 index is currently $750 million.

Bio-Reference Laboratories Inc. (NASDAQ: BRLI) will replace Mentor Corp. (NYSE: MNT) in the S&P SmallCap 600 after the close of trading on a date to be announced. S&P 100 & 500 constituent Johnson & Johnson (NYSE: JNJ) is acquiring Mentor in a transaction expected to be completed soon, pending final approvals.

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