The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

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:  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   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 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