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S&P Replaces Massey Energy (MEE) with Alpha Natural (ANR) in S&P 500

May 24, 2011 5:22 PM EDT
ANR Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -141.5%
S&P has made the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
  • Alpha Natural Resources Inc. (NYSE: ANR) will replace Massey Energy Corp. (NYSE: MEE) in the S&P 500 index after the close of trading on Wednesday, June 1. Alpha Natural Resources is acquiring Massey Energy in a deal expected to be completed on or about that date pending final approvals.

  • S&P SmallCap 600 constituent Triumph Group Inc. (NYSE: TGI) will replace Pride International Inc. (NYSE: PDE) in the S&P MidCap 400 index and Inter Parfums Inc. (Nasdaq: IPAR) will replace Triumph Group in the S&P SmallCap 600 index after the close of trading on Tuesday, May 31. Ensco plc (NYSE: ESV) is acquiring Pride International in a deal expected to be completed on or about that date pending final approvals.



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