This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Standard & Poor's Announces Change To U.S. Indices

NEW YORK, Jan. 29 /PRNewswire/ -- S&P MidCap 400 constituent Urban Outfitters Inc. (Nasdaq: URBN) will replace Affiliated Computer Services Inc. (NYSE: ACS) in the S&P 500 index, and Intrepid Potash Inc. (NYSE: IPI) will replace Urban Outfitters in the S&P MidCap 400 index on a date to be announced.  Affiliated Computer Services is being acquired by S&P 100 & 500 constituent Xerox Corp. (NYSE: XRX) in a deal expected to be completed soon, pending final approvals.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website:  

Urban Outfitters operates retail specialty stores. Headquartered in Philadelphia, PA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Apparel Retail Sub-Industry index.  

Intrepid Potash engages in the production and marketing of potassium chloride and langbeinite. Headquartered in Denver, CO, the company will be added to the S&P MidCap 400 GICS Fertilizers & Agricultural Chemicals Sub-Industry index.  

Following is a summary of the changes:
                              S&P 500 INDEX  –  TBA
                              GICS ECONOMIC     
                COMPANY          SECTOR          GICS SUB-INDUSTRY
                -------       -------------      -----------------
                 Urban          Consumer         
     ADDED    Outfitters      Discretionary        Apparel Retail
     -----    -----------     -------------        --------------
               Affiliated                          Processing &
                Computer       Information          Outsourced
    DELETED     Services       Technology             Services
    -------   -----------      -----------         --------------
                           S&P MIDCAP 400 INDEX  –  TBA
                            GICS ECONOMIC       
                COMPANY         SECTOR         GICS SUB-INDUSTRY
                -------      -------------     -----------------
                                                 Fertilizers &
               Intrepid                           Agricultural
     ADDED      Potash        Materials            Chemicals
     -----    ---------       ---------          --------------
                 Urban         Consumer          
    DELETED   Outfitters    Discretionary        Apparel Retail
    -------   ----------    -------------        --------------

For more information about S&P Indices, please visit  

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 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 Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index.  For more information, please visit

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 nearly 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

SOURCE Standard & Poor's

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IPI $3.37 -1.20%
XRX $10.60 -0.14%
URBN $24.31 1.10%
AAPL $118.05 -0.70%
FB $105.39 -0.33%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs