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 36.89

+0.76 +2.10%
Volume: 128,342
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ARM 8.47

+0.36 +4.44%
Volume: 1,249,120
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BBX 1.30

-0.03 -2.26%
Volume: 287,352
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BSET 3.72

+0.03 +0.81%
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CVLT 21.23

+0.43 +2.07%
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DO 101.74

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Volume: 1,688,623
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IWA 16.13

+0.23 +1.45%
Volume: 867,215
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PNRA 64.05

+1.09 +1.73%
Volume: 477,778
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WFT 17.20

+0.50 +2.99%
Volume: 23,270,479
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