S&P Announces Changes to US Indices: WYNN for ASH, ASH for LEA, XRAY for HPC, BUCY for XRAY, EXP for SCUR

November 10, 2008 5:21 PM EST

Wynn Resorts Ltd. (NASDAQ: WYNN) will replace Ashland Inc. (NYSE: ASH) in the S&P 500, Ashland will replace Lear Corp. (NYSE: LEA) in the S&P MidCap 400, S&P MidCap 400 constituent DENTSPLY International Inc. (NASDAQ: XRAY) will replace Hercules Inc. (NYSE: HPC) in the S&P 500, and Bucyrus International Inc. (NASDAQ: BUCY) will replace DENTSPLY in the S&P MidCap 400 after the close of trading on Thursday, November 13. Ashland is acquiring Hercules in a transaction that will result in a company with a market value appropriate for the S&P MidCap 400, and which is expected to close on or about that date, pending final approvals. As of today’s close of trading Lear Corp. had a market value of approximately $129 million, ranking 400th in the S&P MidCap 400 index.

Eagle Materials Inc. (NYSE: EXP) will replace Secure Computing Corp. (NASDAQ: SCUR) in the S&P SmallCap 600 after the close of trading on Friday, November 14. Secure Computing is being acquired by S&P MidCap 400 constituent McAfee Inc. (NYSE: MFE) in a deal expected to close on or about that date, pending final approvals.


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Stocks Mentioned

ASH 35.69

-0.55 -1.52%
Volume: 1,519,994
Track ASH

BUCY 52.06

-0.55 -1.05%
Volume: 1,845,142
Track BUCY

EXP 27.23

-0.32 -1.16%
Volume: 141,537
Track EXP

HPC 19.17

+0.00 +0.00%
Volume: 35,184,969
Track HPC

MFE 40.62

-0.39 -0.95%
Volume: 1,115,964
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SCUR 5.75

+0.00 +0.00%
Volume: 3,117,596
Track SCUR

WYNN 63.88

-0.26 -0.41%
Volume: 2,077,938
Track WYNN

XRAY 32.86

-0.29 -0.87%
Volume: 1,113,566
Track XRAY


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