The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

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

Wednesday, February 09, 2011

Standard & Poor's Announces Change to U.S. Index18:02 EST Wednesday, February 09, 2011NEW YORK, Feb. 9, 2011 /PRNewswire/ -- Questcor Pharmaceuticals Inc. (Nasdaq: QCOR) will replace Sonic Solutions (Nasdaq: SNIC) in the S&P SmallCap 600 index after the close of trading on a date to be announced. Sonic Solutions is being acquired by S&P MidCap 400 constituent Rovi Corp. (Nasdaq: ROVI) in a deal expected to be completed soon.Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.  Questcor provides prescription drugs for central nervous system and inflammatory disorders. Headquartered in Union City, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.  Following is a summary of the change: S&P SMALLCAP 600 INDEX  ? TBACOMPANYGICS ECONOMIC SECTORGICS SUB-INDUSTRYADDEDQuestcor PharmaceuticalsHealth CarePharmaceuticalsDELETEDSonic SolutionsInformation TechnologyApplication SoftwareFor more information about S&P Indices, please visit  www.standardandpoors.com/indices.   About S&P IndicesS&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. For more information contact:David M. Blitzer, Ph.D.Managing Director & Chairman of the Index Committee(212) 438-3907SOURCE Standard & Poor'sFor further information: David M. Blitzer, Ph.D., Managing Director & Chairman of the Index Committee, +1-212-438-3907