ResMed Inc. Added to S&P SmallCap 600 Index
Angelo,
S&P SmallCap inclusion and ASX listing should have positive long term impact on the stock.
Regards, Henrik
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biz.yahoo.com
Tuesday November 23, 5:48 pm Eastern Time
Company Press Release
SOURCE: Standard & Poor's
ResMed Inc. Added to S&P SmallCap 600 Index
NEW YORK, Nov. 23 /PRNewswire/ -- Standard & Poor's will replace Merrill Corp. (Nasdaq: MRLL - news) in the
S&P SmallCap 600 Index with ResMed Inc. (NYSE: RMD - news) after the close of trading on Wednesday, November 24, 1999. DLJ Merchant Banking Partners II (an investment company) is acquiring Merrill Corp. through a recapitalization of the company.
ResMed Inc. designs, manufactures and distributes medical equipment for treating and diagnosing sleep disordered breathing, primarily obstructive sleep apnea. The company, headquartered in San Diego, California, will be added to the S&P SmallCap 600 Health Care (Medical Products & Supplies) industry group.
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