S&P Indices Announces Changes to U.S. Indices

NEW YORK, March 28, 2012 /PRNewswire/ -- S&P MidCap 400 constituent Fossil, Inc. (NASD: FOSL) will replace Medco Health Solutions, Inc. (NYSE: MHS) in the S&P 500 index, S&P SmallCap 600 constituent BioMed Realty Trust, Inc. (NYSE: BMR) will replace Fossil in the S&P MidCap 400 index, and Innophos Holdings, Inc. (NASD: IPHS) will replace BioMed Realty Trust in the S&P SmallCap 600 index after the close of trading on a date to be announced.  S&P 500 constituent Express Scripts, Inc. (NASD: ESRX)  is acquiring Medco Health Solutions in a deal expected to be completed soon pending final approvals.

Fossil designs, develops, markets, and distributes consumer fashion accessories. Headquartered in Richardson, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.

BioMed Realty Trust is a real estate investment trust (REIT) that provides real estate to the life science industry.  Headquartered in San Diego, CA, the company will be added to the S&P MidCap 400 GICS Office REITs Sub-Industry index.

Innophos Holdings engages in the production of mineral based specialty ingredients. Headquartered in Cranbury, NJ, the company will be added to the S&P SmallCap 600 GICS Specialty Chemicals Sub-Industry index.

Following is a summary of the changes:

S&P 500  INDEX  – TBA

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Fossil

Consumer Discretionary

Apparel Accessories & Luxuary Goods

DELETED

Medco Health Solutions

Health Care

Health Care Services

S&P MIDCAP 400  INDEX  – TBA

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

BioMed Realty Trust

Financials

Office REITs

DELETED

Fossil

Consumer Discretionary

Apparel Accessories & Luxuary Goods

S&P SMALLCAP 600  INDEX  – TBA

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Innophus Holdings

Materials

Specialty Chemicals

DELETED

BioMed Realty Trust

Financials

Office REITs

About S&P Indices

S&P Indices, a leading brand of the McGraw-Hill Companies (NYSE: MHP), maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.45 trillion is directly indexed to our indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit: www.standardandpoors.com/indices.

It is not possible to invest directly in an index. S&P Indices does not sponsor, endorse, sell, or promote any S&P index-based investment product. This document does not constitute an offer of services in jurisdictions where S&P Indices or its affiliates do not have the necessary licenses. S&P Indices receives compensation in connection with licensing its indices to third parties.

For more information:
Dave Guarino
Communications
S&P Indices
dave_guarino@standardandpoors.com
212-438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3907

SOURCE S&P Indices

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