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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE] -- Ignore unavailable to you. Want to Upgrade?


To: Francois Lavoie who wrote (761)11/29/2000 7:22:27 PM
From: Francois Lavoie  Read Replies (1) | Respond to of 792
 
Wednesday November 29, 5:45 pm Eastern Time
Press Release
SOURCE: Standard & Poor's
Vivendi's Acquisition of Seagram Co. Ltd. Triggers Changes In Standard & Poor's Indices
NEW YORK, Nov. 29 /PRNewswire/ -- Standard & Poor's will make the following changes in the S&P 500, S&P Global 100, S&P Global 1200, TSE 300 Composite, S&P/TSE 60, S&P/TSE 60 Capped, S&P/TSE Canadian MidCap, S&P/TSE Canadian SmallCap, TSE 100, Toronto 35 and TSE 200 pending the completion of the acquisition of Seagram Co. Ltd. by Vivendi. The transaction is still subject to shareholder's approval.

Seagram Co. Ltd. (NYSE: VO; TSE) will be removed from the S&P 500, S&P Global 100, S&P Global 1200, TSE 300 Composite, S&P/TSE 60, S&P/TSE 60 Capped, TSE 100 and Toronto 35 Indices. Because Seagram Co. Ltd. is presently included in the S&P 500 and S&P/TSE 60, a replacement for each index will be included in the S&P Global 1200.
MetLife Inc. (NYSE: MET - news) will replace Seagram Co. Ltd. in the S&P 500 and will be added to the S&P 500 Insurance (Life/Health) industry group and the GICS Life & Health Insurance industry group. In addition, MetLife Inc. will be added to the S&P Global 1200 Index.
Vivendi Universal (France) will replace Seagram Co. Ltd. in the S&P Global 100 Index and will be added to the Movies & Entertainment industry group sector.
Crosskeys Systems Corporation (TSE: CKY - news) will replace Seagram Company Ltd. in the TSE 300 Composite Index and be added to the Industrial Products group (06.10). Crosskeys Systems will also be added to the S&P/TSE Canadian SmallCap and TSE 200 Indices. The global industry classification sector will be Information Technology.
S&P/TSE Canadian MidCap Index component CAE Inc. (TSE: CAE - news) will replace Seagram Company Ltd. in the S&P/TSE 60, S&P/TSE 60 Capped, and S&P Global 1200 Indices and will be added to the Industrials sector. Methanex Corporation (TSE: MX - news) will replace CAE Inc. in the S&P/TSE Canadian MidCap Index and will be added to the Materials sector.
AGF Management Ltd. Class B Shares (TSE: AFG.B - news) will replace Seagram Company Ltd. in the TSE 100 Index and will be added to the Interest Sensitive sector.
Shaw Communications Inc. Class B Shares (TSE: SJR.B - news) will replace Seagram Company Ltd. in the Toronto 35 Index.
Following is a summary of the announced changes:

S&P 500 INDEX-TBA

COMPANY GICS ECONOMIC SECTOR GICS INDUSTRY GROUP
ADDED MetLife Financials Life & Health Insurance
DROPPED Seagrams Co. Consumer Discretionary Movies & Entertainment

S&P GLOBAL 100 INDEX-TBA

COMPANY GICS ECONOMIC GICS INDUSTRY GROUP
SECTOR
ADDED Vivendi Universal Consumer Movies & Entertainment
Discretionary
DROPPED Seagrams Co. Consumer Movies & Entertainment
Discretionary

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP - news), provides independent financial information, analytical services, and credit ratings to the world's financial markets. Among the company's many products are the S&P Global 1200, the world's first global, equity, real time index; the S&P 500, the premier U.S. portfolio index; and credit ratings on more than 220,000 securities and funds worldwide. With more than 5,000 employees located in 21 countries, Standard & Poor's is an integral part of the global financial infrastructure.

SOURCE: Standard & Poor's