NEW YORK, Oct. 18 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 100 and 500 indices: -- NYSE Euronext, Inc. (NYSE: NYX) will replace Limited Brands Inc. (NYSE: LTD) in the S&P 100 and Hilton Hotels Corp. Inc. (NYSE: HLT) in the S&P 500 after the close of trading on Wednesday, October 24. Hilton is being acquired by The Blackstone Group in a deal expected to close on or about that date, pending final approvals. Limited Brands will remain in the S&P 500. At today's close of trading, Limited Brands had a market capitalization of approximately $7.9 billion, ranking 100th in the S&P 100. -- Titanium Metals Corp. (NYSE: TIE) will replace Bausch & Lomb Inc. (NYSE: BOL) in the S&P 500 after the close of trading on a date to be announced. Bausch & Lomb is being acquired by Warburg Pincus in a deal still pending final approvals. Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com. NYSE Euronext operates an exchange group and offers a diverse array of financial products and services. Headquartered in New York, NY, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Specialized Finance Sub-Industry index. Titanium Metals produces titanium melted and mill products for commercial aerospace, military, industrial, and other applications. Headquartered in Dallas, TX, the company will be added to the S&P 500 GICS Diversified Metals & Mining Sub-Industry index. Following is a summary of the changes: S&P 100 INDEX - October 24, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED NYSE Euronext Financials Specialized Finance DELETED Limited Brands Consumer Discretionary Apparel Retail S&P 500 INDEX - October 24, 2007 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED NYSE Euronext Financials Specialized Finance DELETED Hilton Hotels Consumer Discretionary Hotels, Resorts & Cruise Lines S&P 500 INDEX - To Be Announced COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Titanium Metals Materials Diversified Metals & Mining DELETED Bausch & Lomb Health Care Health Care Supplies Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. About Standard & Poor's Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 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. About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com. SOURCE Standard & Poor's CONTACT: David M. Blitzer, Ph.D. Managing Director & Chairman of the Index Committee Standard & Poor's +1-212-438-3907 -0- Oct/18/2007 21:57 GMT
Standard & Poor's Announces Changes to U.S. Indices
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