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 11.82

+0.47 +4.14%
Volume: 1,544,323
Track ASH

BUCY 21.34

+0.14 +0.66%
Volume: 2,646,575
Track BUCY

EXP 19.35

-0.13 -0.67%
Volume: 488,129
Track EXP

HPC 19.17

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

MFE 31.06

-0.42 -1.33%
Volume: 3,472,390
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SCUR 5.75

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

WYNN 46.45

-0.78 -1.65%
Volume: 1,616,762
Track WYNN

XRAY 27.81

+0.33 +1.20%
Volume: 1,875,533
Track XRAY


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