REITs to Join S&P MidCap 400

Two real estate investment trusts will be added to the S&P MidCap 400 Index.Equity One Inc., North Miami Beach, Fla., will replace Bandag Inc. in the S&P MidCap 400 after the close of trading on a date to be announced, S&P said. Bandag is being acquired by Bridgestone Americas Holding. Equity One, a constituent of S&P's REIT Composite Index, owns, manages, acquires, renovates, and develops neighborhood and community shopping centers. In addition, Nationwide Health Properties Inc., Newport Beach, Calif., has announced that its stock will be added to the MidCap 400 after the close of trading on May 30. The company is a REIT that invests in health care facilities. S&P can be found online at http://www.standardandpoors.com, and the REITs can be found at http://www.equityone.net and http://www.nhp-reit.com.