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Article: Standard & Poor's Announces Semi-Annual Reconstitution of Standard & Poor's/Barra Growth and Value Indices.
- Article from:
- PR Newswire
- Article date:
- December 13, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- NEW YORK, Dec. 13 /PRNewswire/ -- Standard & Poor's will make its semi-annual changes to the S&P 500/Barra Growth, S&P 500/Barra Value, S&P MidCap 400/Barra Growth, S&P MidCap 400/Barra Value, S&P SmallCap 600/Barra Growth and S&P SmallCap 600/Barra Value indices after the close of trading on Friday, December 20, 2002.
With respect to categorization of a stock as either "growth" or "value," the discriminating attribute is its book-to-price ratio. Using this metric, each U.S. index is split into two mutually exclusive groups, each of which comprises roughly half of the index's total market capitalization. Each S&P/Barra Value Index contains stocks ...
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