Calgon Carbon heads Into S&P Small Cap 600 Index (CCC, MDRX)

October 06th, 2008 | Category: Money - Finance

S&P’s Index group has just announced a planned index change in its S&P 1500 Index membership components. Calgon Carbon Corp. (NYSE: CCC) will replace Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) in the S&P Small Cap 600 after the shut of trading on Friday, October 10.

Allscripts is undergoing a nearly-completed corporate restructuring
that will leave it majority controlled by Misys Plc in a deal expected
to shut by the end of that week.

that is a fresh addition into the index, so it isn’t one of the changes
where

fund managers who track index components just have to slide the
shares on the abacus from one side to another.

Calgon Carbon closed down 6% nowadays at $15.61, yet shares seem to have
recovered about 3.3% in after-hours trading. Its 52-week trading range
is $11.64 to $23.03.

Jon C. Ogg
October 6, 2008