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Urban Outfitters (URBN) Moving to S&P 500; Intrepid Potash (IPI) to S&P MidCap 400

February 1, 2010 8:57 AM EST
URBN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Late Friday, Standard & Poor's announced that Urban Outfitters Inc. (Nasdaq: URBN) will replace Affiliated Computer Services Inc. (NYSE: ACS) in the S&P 500 index, and Intrepid Potash Inc. (NYSE: IPI) will replace Urban Outfitters in the S&P MidCap 400 index on a date to be announced.

Affiliated Computer Services is being acquired by S&P 100 & 500 constituent Xerox Corp. (NYSE: XRX) in a deal expected to be completed soon, pending final approvals.

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