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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Winkman777 who wrote (57232)12/21/1999 7:00:00 PM
From: Winkman777  Respond to of 95453
 
RIG to be added to the S&P 500. Should go up on this news.

Standard & Poor's Announces Changes in S&P Indices


December 21, 1999 06:10 PM
NEW YORK, Dec. 21 /PRNewswire/ -- Standard & Poor's will make the following changes in the S&P 500, S&P MidCap 400, S&P SmallCap 600, and the S&P REIT Composite Indices:

-- S&P MidCap 400 component Transocean Offshore Inc. RIG is
acquiring Sedco Forex, a unit which will be spun off from Schlumberger
Ltd. SLB in the S&P 500 Index). Immediately after the
acquisition, Transocean Offshore will change its name to Transocean
Sedco Forex Inc. RIG , and will be added to the S&P 500 Index
after the close of trading on Thursday, December 30, 1999, replacing
Helmerich & Payne HP . Helmerich & Payne will replace
Transocean Offshore Inc. in the S&P MidCap 400 Index