Direct marketing firm Harte-Hanks, San Antonio, TX, and Office Depot, the Delray, FL-based office supply products firm, will play new roles in two Standard & Poor’s indices.
Office Depot will replace American Stores in the S&P 500. American Stores is being acquired by Albertson’s Inc., which currently has a position on the S&P 500. The effective date of the change has not been announced.
Harte-Hanks will replace Office Depot in the S&P MidCap 400 Index, which tracks fluctuations in the advertising and marketing industry. Harte-Hanks provides response management and database and other direct marketing services.
Standard & Poor’s a division of the McGraw-Hill Companies, provides financial, economic and investment information and analytical services to the financial community.
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