UCBH HLDGS INC
SymbolUCBH

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Standard & Poor's Announces Change to U.S. Index

2009-11-09 17:54 ET - News Release

Also News Release (U-LL) LUMBER LIQUIDATORS INC
Also News Release (U-MHP) MCGRAW HILL COS INC

NEW YORK, Nov. 9 /PRNewswire/ -- UCBH Holdings Inc. will be deleted from the S&P SmallCap 600 after the close of trading on Tuesday, November 10. The company's main subsidiary has been placed into Federal Deposit Insurance Corporation receivership.

UCBH's place in the S&P SmallCap 600 will be taken by Lumber Liquidators Inc. effective after the close of trading on Monday, November 16. The S&P SmallCap 600 will trade with 599 stocks until that time.

Standard & Poor's will monitor this action, and post any relevant updates on its website: www.standardandpoors.com.

Lumber Liquidators is a specialty retailer of hardwood flooring. Headquartered in Toano, VA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Home Improvement Retail Sub-Industry index.

Following is a summary of the change: 

                  S&P  SMALLCAP 600 INDEX  -  NOVEMBER  10, 2009
             -------------------------------------------------------
              COMPANY    GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
             ---------  -----------------------   -----------------
    DELETED     UCBH          Financials            Regional Banks
              Holdings
    -------- ---------  -----------------------   -----------------



                   S&P  SMALLCAP 600 INDEX  -  NOVEMBER  16, 2009
            --------------------------------------------------------
              COMPANY    GICS ECONOMIC SECTOR     GICS SUB-INDUSTRY
            ----------  -----------------------   -----------------
    ADDED      Lumber     Consumer Discretionary   Home Improvement
            Liquidators                                 Retail
    ------  -----------  -----------------------   ----------------

About Standard & Poor's Index Services

Standard & Poor's Index Services, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index. For more information, please visit www.standardandpoors.com/indices.

About Standard & Poor's

Standard & Poor's, a subsidiary of The McGraw-Hill Companies , is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

.

Standard & Poor's

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.