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 35.45

-0.36 -1.01%
Volume: 1,000,447
Track ASH

BUCY 50.40

-0.47 -0.92%
Volume: 3,291,696
Track BUCY

EXP 25.69

+0.16 +0.63%
Volume: 234,901
Track EXP

HPC 19.17

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

MFE 42.31

+0.21 +0.50%
Volume: 1,586,399
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SCUR 5.75

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

WYNN 59.73

-0.11 -0.18%
Volume: 4,483,774
Track WYNN

XRAY 33.50

-0.21 -0.62%
Volume: 1,044,346
Track XRAY


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