NEW YORK, Sept. 25, 2012 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
the S&P MidCap 400 and the S&P SmallCap 600 indices:
- Kraft Foods Group Inc. (NASD:KRFTV) will replace Alpha Natural
Resources Inc. (NYSE:ANR) in the S&P 500, Alpha Natural
Resources will replace Korn/Ferry International (NYSE: KFY) in the
S&P MidCap 400, and Korn/Ferry will replace Pulse Electronics
Corp. (NYSE:PULS) in the S&P SmallCap 600 after the close of
trading on Monday, October 1. S&P
100 & 500 constituent Kraft Foods Inc. (NASDAQ:KFT) is spinning
off Kraft Foods Group to shareholders in a transaction expected to
be effective after the close of trading on that date. The Kraft
Foods stub, which will change its name to Mondelez International
Inc. and its ticker symbol to MDLZ, will remain in the S&P 100
& 500. Alpha Natural Resources and Korn/Ferry have market
capitalizations that are more representative of the mid cap and
small cap market spaces, respectively. Pulse Electronics is ranked
#600 in the S&P SmallCap 600 and is no longer appropriate for
inclusion in that index.
- InterDigital Inc. (NASD:IDCC) will replace Quest Software Inc.
(NASD:QSFT) in the S&P MidCap 400 after the close of trading on
Friday, September 28. S&P 100
& 500 constituent Dell Inc. (NASD:DELL) is acquiring Quest
Software in a deal expected to be completed soon, pending final
approvals.
- Genesee & Wyoming Inc. (NYSE:GWR) will replace Collective
Brands Inc. (NYSE:PSS) in the S&P MidCap 400 after the close of
trading on Monday, October 1. A group
that includes S&P SmallCap 600 constituent Wolverine World Wide
Inc. (NYSE:WWW) is acquiring Collective Brands in a deal expected
to be completed soon, pending final approvals.
Kraft Foods Group is a consumer packaged food and beverage
company. Headquartered in Northfield,
Illinois, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Packaged Foods &
Meats Sub-Industry index.
Alpha Natural Resources produces, processes, and sells steam and
metallurgical coal. Headquartered in Abingdon, VA, the company will be added to the
S&P MidCap 400 Coal & Consumable Fuels Sub-Industry
index.
Korn/Ferry International provides talent management solutions.
Headquartered in Los Angeles, CA,
the company will be added to the S&P SmallCap 600 Human
Resources & Employment Services Sub-Industry index.
InterDigital develops technology for advanced digital wireless
telecommunications applications. Headquartered in King of Prussia, PA, the company will be added
to the S&P MidCap 400 Communications Equipment Sub-Industry
index.
Genesee & Wyoming owns and
operates short line and regional freight railroads, and provides
railcar switching services. Headquartered in Greenwich, CT, the company will be added to
the S&P MidCap 400 Railroads Sub-Industry index.
Following is a summary of the changes:
S&P
400 INDEX – September 28, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
InterDigital
|
Information Technology
|
Communications Equipment
|
DELETED
|
Quest
Software
|
Information Technology
|
Application Software
|
S&P
500 INDEX – October 1, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Kraft
Foods Group
|
Consumer
Staples
|
Packaged
Foods & Meats
|
DELETED
|
Alpha
Natural Resources
|
Energy
|
Coal &
Consumable Fuels
|
S&P
MIDCAP 400 INDEX – October 1, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Alpha
Natural Resources
|
Energy
|
Coal &
Consumable Fuels
|
|
Genesee
& Wyoming
|
Industrials
|
Railroads
|
DELETED
|
Korn/Ferry
|
Industrials
|
Human
Resources & Employment Services
|
|
Collective
Brands
|
Consumer
Discretionary
|
Apparel
Retail
|
S&P
SMALLCAP 600 INDEX – October 1, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Korn/Ferry
|
Industrials
|
Human
Resources & Employment Services
|
DELETED
|
Pulse
Electronics
|
Information Technology
|
Electronic
Manufacturing Services
|
Additions to and deletions from S&P Dow Jones Indices
do not in any way reflect an opinion on the investment merits of
the companies involved.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The
McGraw-Hill Companies is the world's largest, global resource for
index-based concepts, data and research. Home to iconic financial
market indicators, such as the S&P 500® and the Dow
Jones Industrial AverageSM, S&P Dow Jones Indices
LLC has over 115 years of experience constructing innovative and
transparent solutions that fulfill the needs of institutional and
retail investors. More assets are invested in products based upon
our indices than any other provider in the world. With over 830,000
indices covering a wide range of assets classes across the globe,
S&P Dow Jones Indices LLC defines the way investors measure and
trade the markets. To learn more about our company, please visit
www.spdji.com.
It is not possible to invest directly in an index. S&P
Dow Jones Indices LLC, Dow Jones, and their respective affiliates,
parents, subsidiaries, directors, officers, shareholders, employees
and agents (collectively "S&P Dow Jones Indices") does not
sponsor, endorse, sell, or promote any investment fund or other
vehicle that is offered by third parties and that seeks to provide
an investment return based on the returns of any S&P Dow Jones
Indices index. This document does not constitute an offer of
services in jurisdictions where S&P Dow Jones Indices or its
affiliates do not have the necessary licenses. S&P Dow Jones
Indices receives compensation in connection with licensing its
indices to third parties.
STANDARD & POOR'S and S&P are registered trademarks of
Standard & Poor's Financial Services LLC. "Dow Jones" is
a registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones").
SOURCE S&P Dow Jones Indices