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 35.66

-0.79 -2.17%
Volume: 429,698
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BUCY 51.66

-2.33 -4.32%
Volume: 1,592,027
Track BUCY

EXP 27.08

-0.67 -2.41%
Volume: 42,993
Track EXP

HPC 19.17

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

MFE 39.92

-0.81 -1.99%
Volume: 606,067
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SCUR 5.75

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

WYNN 62.98

-2.39 -3.66%
Volume: 1,687,509
Track WYNN

XRAY 33.30

-0.26 -0.77%
Volume: 416,703
Track XRAY


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