Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

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[{"type":"text","content":"\n\n\n\nTORONTO, Jan. 14 /CNW/ - Standard & Poor's Canadian Index Operations\nannounces the following index changes:\n\n\n- Nortel Networks Corporation (TSX:NT) announced today that it is\n seeking creditor protection under the Companies' Creditors Arrangement\n Act (CCAA) in Canada. Nortel will be removed from the S&P/TSX\n Composite and Capped Composite, the S&P/TSX Completion and Equity\n Completion, the S&P/TSX Equity and Capped Equity and the S&P/TSX\n Capped Information Technology Indices. The transaction will be\n effective after the close of Thursday, January 15, 2009.\n\n\nCompany additions to and deletions from an S&P equity index do not in any\nway reflect an opinion on the investment merits of the company.\n\n\nAbout Standard & Poor's\n\n\nStandard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is\nthe world's foremost provider of financial market intelligence, including\nindependent credit ratings, indices, risk evaluation, investment research and\ndata. With approximately 7,500 employees, including wholly owned affiliates,\nlocated in 21 countries, Standard & Poor's is an essential part of the world's\nfinancial infrastructure and has played a leading role for more than 140 years\nin providing investors with the independent benchmarks they need to feel more\nconfident about their investment and financial decisions. For more\ninformation, visit http://www.standardandpoors.com\n\n\nFounded in 1888, The McGraw-Hill Companies is a leading global\ninformation services provider meeting worldwide needs in the financial\nservices, education and business information markets through leading brands\nsuch as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power\nand Associates. The Corporation has more than 240 offices in 36 countries.\nSales in 2005 were $6.0 billion. Additional information is available at\nhttp://www.mcgraw-hill.com.\n\n\n","length":2032,"tagName":"div"}]

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