MSCI US Equity Indices November 2005 Semi-Annual Index Review.PRINCETON -- MSCI Barra MSCI Barra is a leading provider of equity, fixed income, and hedge fund indices. In 2004 Morgan Stanley Capital International acquired Barra, Inc., to form MSCI Barra. The company is headquartered in New York City, with operations in Geneva, London, Mumbai, Hong Kong, Paris, , a leading provider of benchmark indices and risk management analytics products, announced today changes to the MSCI US Equity Indices that will be effective as of the close of November 30, 2005. These changes result from the November 2005 Semi-Annual Index Review. The full list of additions to and deletions from the MSCI US Equity Indices as well as an updated methodology book have been posted on MSCI's web site at http://www.msci.com/us. Eight securities will be added to the MSCI US Large Cap 300 Index. The five largest additions are XTO Energy Inc, Marvell Technology Group Marvell (NASDAQ: MRVL) is an American producer of storage, communications and consumer semiconductor products. Their products can be found in a range of applications:
Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. Holdings Inc and Starwood Hotels & Resorts Worldwide. Three securities will be deleted from the MSCI US Large Cap 300 Index. Twenty-four securities will be added to the MSCI US Mid Cap 450 Index. The five largest additions are AutoZone Inc, Mattel Inc, Southwestern Energy Co, Lexmark International Inc Class A and Arch Coal Inc. There will be 16 securities deleted from the MSCI US Mid Cap 450 Index. There will be 117 securities added to the MSCI US Small Cap 1750 Index. The five largest additions are Capitol Federal Financial, TRW Automotive Holdings TRW Automotive Holdings NYSE: TRW is a supplier of automotive parts to manufacturers and aftermarket dealers. [1]. It was created out of a sell-off of parts of the former TRW corporation. Corp, Wilmington Trust Corp, Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. Inc and Northeast Utilities. There will be 69 securities deleted from the MSCI US Small Cap 1750 Index. There will be 124 securities added to the MSCI US Micro Cap Index. The five largest additions are Lincoln Educational Services Corporation, DexCom Inc, Universal Truckload Services Inc, Mesa Air Group Mesa Air Group (NASDAQ: MESA) is a Nevada Corporation[1] commercial aviation holding company with headquarters in Phoenix, Arizona. The company operates three regional airline subsidiaries: Mesa Airlines, Freedom Airlines, and Air Midwest, and five supporting Inc and Specialty Laboratories Inc. There will be 60 securities deleted from the MSCI US Micro Cap Index. For the MSCI US Investable Market Value Index, there will be 217 additions or upward changes in Value Inclusion Factors (VIFs), and 179 deletions or downward changes in VIFs. For the MSCI US Investable Market Growth Index, there will be 237 additions or upward changes in Growth Inclusion Factors (GIFs), and 211 deletions or downward changes in GIFs. The VIFs and the GIFs represent the proportion of a security's free float-adjusted market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. that is allocated to the value and/or growth indices. The largest weight increases in the MSCI US Equity Value Indices are Tyco International Ltd (Large Cap), Fisher Scientific International Inc (Mid Cap) and Northeast Utilities (Small Cap). The largest weight increases in the MSCI US Equity Growth Indices are Motorola Inc (Large Cap), Peabody Energy Corp (Mid Cap) and Nasdaq Stock Market Inc (Small Cap). In addition, there will be changes for certain constituents resulting from significant changes in free float Free float An exchange rate system characterized by the absence of government intervention. Also known as clean float. estimates and updates in number of shares. These changes will also be effective as of the close of November 30, 2005. The results of the November 2005 Quarterly Index Review for the MSCI Standard Index Series and Pan-Euro and Euro Indices, as well as the Semi-Annual Index Review for the MSCI US REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). Index, the MSCI Small Cap Index Series, the MSCI Global Value and Growth Index Series, the MSCI Kokunai Indices and the MSCI China A Index have also been posted on MSCI's web site at www.msci.com. The updated methodology book includes a revised Appendix I (Country Classification of Securities). All changes in this newly released methodology book are effective immediately. About MSCI Barra MSCI (www.msci.com) develops and maintains equity, fixed income, multi-asset class, REIT and hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" indices that serve as the benchmark for an estimated USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3 trillion on a worldwide basis. Barra, Inc. ("Barra") analytics (www.barra.com) help the world's largest investors analyze, measure and manage portfolio and firm-wide investment risk. MSCI Barra is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , with research and commercial offices around the world. Morgan Stanley, a global financial services firm and a market leader in securities, asset management, and credit services, is the majority shareholder of MSCI, and Capital Group International Inc. is the minority shareholder. MSCI Barra is a service mark of Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. Inc. ("MSCI" or "MSCI Barra"). The information contained in this document, including all text, data, graphs, charts and all other information (collectively, the "Information") is the property of Morgan Stanley Capital International Inc. (MSCI) and is provided for informational purposes only. Any use of MSCI indices, data or other information requires a license from MSCI. The Information may not be used to verify or correct other data, to create indices, or in connection with offering, sponsoring, managing or marketing any securities, portfolios, financial instruments or products. 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All MSCI indices are the exclusive property of MSCI and may not be used in any way without the express written permission of MSCI. The Global Industry Classification Standard (GICS GICS Government Information and Communication Service (UK) GICS German Internet Chess Server GICS Global Industry Classification Standards GICS Grant Information and Control System ) was developed by and is the exclusive property of MSCI and Standard & Poor's. "Global Industry Classification Standard (GICS)" is a service mark of MSCI and Standard & Poor's. For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com or contact: |
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