Standard & Poor's Announces Change to U.S. Index

^{Published on 2010-07-01 14:55:31 - Market Wire}
 

Standard & Poor's Announces Change to U.S. Index -- NEW YORK, July 1 /PRNewswire/ --

NEW YORK, July 1 /PRNewswire/ -- Micrus Endovascular Corp. (NASD:MEND) will replace CKE Restaurants Inc. (NYSE:[ CKR ]) in the S&P SmallCap 600 index after the close of trading on Wednesday, July 7.  CKE Restaurants is being acquired by affiliates of Apollo Management in a transaction expected to be completed on or about that date.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website: [ www.standardandpoors.com/ ].  

Micrus Endovascular Corporation develops, manufactures, and markets implantable and disposable medical devices. Headquartered in San Jose, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.  

Following is a summary of the change:

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of 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 ].

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: [ MHP ]), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit [ http://www.standardandpoors.com ].  

SOURCE Standard & Poor's

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