Monday November 13, 2008 Navivest

Standard & Poor’s is making changes to the S&P 500 and the S&P 400 MidCap. Following are details of the changes:

Wynn Resorts Ltd. (WYNN) is replacing Ashland Inc. (ASH) in the S&P 500, Ashland will replace Lear Corp. (LEA) in the S&P MidCap 400, S&P MidCap 400 constituent DENTSPLY International Inc. (XRAY) will replace Hercules Inc. (HPC) in the S&P 500, and Bucyrus International Inc. (BUCY) will replace DENTSPLY in the S&P MidCap 400 after the close of trading on Thursday, November 13.

Ashland will be acquiring Hercules in a transaction that will result in a company with a market value appropriate for the S&P MidCap 400, and which is expected to close on or about that date, pending final approvals. As of today’s close of trading Lear Corp. had a market value of approximately $129 million, ranking 400th in the S&P MidCap 400 index.

Nevada is more than Las Vegas. Its banking and finance industries are very strong, as is also the construction industry, but there is yet a lot more. Check out the following interesting facts:1. Nevada is a state without usury limits, which has attracted many credit card companies to establish in the state.2. Nevada, after California, produces the most geothermal energy in the nation.3. Nevada produces about 10% of the world’s gold supply.4. Nevada has no corporate income tax.5. No franchise tax6. The state has no personal income tax.7. There is no state tax.8. Nevada permits one-individual corporations.9. There are more than 300,000 companies incorporated in the state of Nevada.10. The state does not require that the directors of a company be stockholders.The following companies have market caps of over $1 billion …