S&P makes changes to indices |
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Published
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Tue, 23 Jan 2007 00:37
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NEW YORK (AFX) - Standard & Poor's said Monday it will make three changes in its S&P SmallCap 600 and S&P REIT Composite indices due to acquisition deals.The index said drug developer ViroPharma Inc. will replace Per-Se Technologies Inc. in the S&P SmallCap 600 after the market closes on Thursday since Per-Se is being acquired by pharmaceutical distributor McKesson Corp. in a deal expected to close that day.Shares of ViroPharma rose 63 cents, or 4.3 percent, to $15.40 in aftermarket trading, after losing 23 cents to end the Nasdaq session at $14.77.Also on Thursday, hotel owner Strategic Hotels & Resorts Inc. will replace Reckson Associates Realty Corp. in the S&P REIT Composite after the market closes. Reckson is being acquired by real estate investment trust SL Green Realty Corp.Strategic Hotels shares fell 27 cents to close at $20.56 on the New York Stock Exchange.Additionally, Agree Realty Corp. will replace CentraCore Properties Trust in the S&P REIT Composite after trading ends on Wednesday. CentraCore is being acquired by The Geo Group Inc., which operates private correctional facilities. The deal is expected to close that day.Agree Realty shares lost 9 cents to end at $34.06 on the NYSE before rebounding 8 cents to $34.14 in aftermarket trading.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Quotes * |
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NASDAQ
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2792.28 |
22.57 (
0.81 %)
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| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
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CARNIVAL
(
11:35am )
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2017.00 |
46.00 (
2.42 %)
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WHITBREAD
(
11:35am )
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1662.99 |
33.99 (
2.09 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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IBM
(
12:34pm ) |
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181.50 |
0.43 (
0.24 %)
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| SYMBOL (
2012-01-19 )
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CHANGE
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Stockholm shares slightly higher midday 