S&P Changes: DO for WFT; PNRA for ARM, CVLT for PNRA, IWA for BBX, AFAM for BSET

February 17, 2009 7:06 AM EST

Late Friday, Standard & Poor's announced the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

- Diamond Offshore Drilling Inc. (NYSE: DO) will replace Weatherford International Ltd. (NYSE: WFT) in the S&P 500 on a date to be announced. Weatherford is in the process of redomesticating to Switzerland, rendering it ineligible for continued inclusion in the S&P 500.

- S&P SmallCap 600 constituent Panera Bread Co. (Nasdaq: PNRA) will replace ArvinMeritor Inc. (NYSE: ARM) in the S&P MidCap 400, and CommVault Systems Inc. (Nasdaq: CVLT) will replace Panera Bread in the S&P SmallCap 600 after the close of trading on Friday, February 20. As of today's close, ArvinMeritor had a market capitalization below $75 million, ranking it 400th in the index.

- Iowa Telecommunications Services Inc. (NYSE: IWA) will replace BankAtlantic Bancorp Inc. (NYSE: BBX), and Almost Family Inc. (Nasdaq: AFAM) will replace Basset Furniture Industries Inc. (Nasdaq: BSET) in the S&P SmallCap 600 after the close of trading on Friday, February 20. As of today's close, BankAtlantic and Bassett Furniture had market capitalizations of approximately $18 million and $21 million respectively, ranking them 600th and 599th in the index.


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AFAM 33.34

-0.39 -1.16%
Volume: 51,818
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ARM 8.84

+0.15 +1.73%
Volume: 2,364,290
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BBX 1.50

-0.10 -6.25%
Volume: 186,295
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BSET 3.58

-0.03 -0.83%
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CVLT 21.57

-0.28 -1.28%
Volume: 88,936
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DO 99.61

-1.36 -1.35%
Volume: 543,221
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IWA 11.76

-0.09 -0.76%
Volume: 103,742
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PNRA 62.66

+0.07 +0.11%
Volume: 239,606
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WFT 18.35

-0.14 -0.76%
Volume: 7,197,590
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