BroadBand Technologies added to the S&P SmallCap 600 Index.NEW YORK--(BUSINESS WIRE)--Sept. 11, 1995--Standard & Poor's will replace Advance Circuits Inc. (ADVC ADVC Analog to Digital Video Converter ) in the S&P SmallCap 600 Index with BroadBand Technologies broadband technology Telecommunications devices, lines, or technologies that allow communication over a wide band of frequencies, and especially over a range of frequencies divided into multiple independent channels for the simultaneous transmission of different signals. Inc. (BBTK) after the close of trading on Monday, Sept. 18, 1995. Advance Circuits is being acquired by Johnson Matthey Johnson Matthey plc (LSE: JMAT) is a British chemical company which has its headquarters near Holborn in central London. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index. plc, a British company, in a friendly cash tender offer. The tender offer is scheduled to expire on that date. BroadBand Technologies, headquartered in Durham, North Carolina Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham CountyGR6 and is the fourth-largest city in the state by population. , is a designer, manufacturer, and marketer of electronics and software for fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber used in local telephone exchange networks and by cable television companies. The Equity Services Group of Standard & Poor's, a division of the Financial Information Services See Information Systems. Group of The McGraw-Hill Companies, provides financial, economic, and investment information, as well as analytical services, to the global financial community and commodity trading markets. The S&P Equity Services Group calculates and maintains the S&P 500, S&P MidCap 400, S&P SmallCap 600, and the S&P Super Composite 1500 stock price indexes, which are widely considered key barometers of stock market activity and performance benchmarks for professional money managers. More than $300 billion is currently indexed to the S&P 500. Company additions and company deletions from the S&P equity indexes do not in any way reflect an opinion on the investment merits of the company. CONTACT: Elliott Shurgin, 212/208-8709 or Albert Neubert, 212/208-8716 |
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