NEW YORK, July 24, 2015 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P500,
S&P MidCap 400 and S&P SmallCap 600 indices:
- S&P MidCap 400 constituent Signet Jewelers Limited
(NYSE:SIG) will replace DIRECTV (NASD:DTV) in the S&P 500,
S&P SmallCap 600 constituent PAREXEL International Corp.
(NASD:PRXL) will replace Signet Jewelers in the S&P MidCap 400,
and Enanta Pharmaceuticals (NASD:ENTA) will replace PAREXEL
International in the S&P SmallCap 600 effective after the close
of trading on Tuesday, July 28.
S&P 100 & 500 constituent AT&T Inc. (NYSE:T) acquired
DIRECTV in a deal completed today.
- Barnes & Noble Education Inc. (NYSE:BNEDwi) will replace
A. M. Castle & Co, Inc.
(NYSE:CAS) in the S&P SmallCap 600 effective after the close of
trading on Friday, July 31. S&P
SmallCap 600 constituent Barnes & Noble Inc. (NYSE: BKS) is
spinning off Barnes & Noble Education to shareholders in a
transaction expected to be completed on that date. Barnes &
Noble will remain in the S&P SmallCap 600 following completion
of the transaction. A.M. Castle is
ranked near the bottom the S&P SmallCap 600
- Catalent Inc. (NYSE:CTLT) will replace JDS Uniphase Corp.
(NASD:JDSU) in the S&P MidCap 400 and JDS Uniphase will replace
Susquehanna Bancshares Inc. (NASD:SUSQ) in the S&P SmallCap 600
effective after the close of trading on Friday, July 31. S&P 500 constituent BB&T
Corp. (NYSE:BBT) is acquiring Susquehanna Bancshares in a
transaction expected to be completed on or about that date pending
final approvals. JDS Uniphase is spinning off assets that will
result in the company being more representative of the small-cap
market space.
- Lumentum Holdings Inc. (NASD:LITEV) will replace Comstock
Resources Inc. (NYSE:CRK) in the S&P SmallCap 600 effective
after the close of trading on Monday, August
3. New S&P SmallCap 600 constituent JDS Uniphase Corp.
(NASD: JDSU) is spinning off Lumentum Holdings to shareholders in a
transaction expected to be completed on that date. Post spin-off,
JDS Uniphase, which is changing its name to Viavi Solutions Inc.,
will remain in the S&P SmallCap 600. Comstock Resources is
ranked at the bottom the S&P SmallCap 600.
Signet Jewelers Limited engages in the retail sale of jewelry
and watches. Headquartered in Hamilton,
Bermuda the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Specialty Stores
Sub-Industry index.
PAREXEL International is a biopharmaceutical outsourcing
services company. Headquartered in Waltham, MA, the company will be added to the
S&P MidCap 400 GICS Life Science Tools & Services
Sub-Industry index.
Enanta Pharmaceuticals is a biotechnology company. Headquartered
in Watertown, MA, the company will
be added to the S&P SmallCap 600 GICS Biotechnology
Sub-Industry index.
Barnes & Noble Education provides bookstore operation
services. Headquartered in Basking Ridge,
NJ, the company will be added to the S&P SmallCap 600
GICS Specialty Stores Sub-Industry index.
Catalent provides advanced delivery technologies and development
solutions for drugs, biologics, and consumer health products.
Headquartered in Somerset, NJ, the
company will be added to the S&P MidCap 400 GICS
Pharmaceuticals Sub-Industry index.
JDS Uniphase provides network and service enablement solutions.
Headquartered in Milpitas,
CA, the company will be added to the S&P SmallCap 600
GICS Communications Equipment Sub-Industry index.
Lumentum is a provider of optical and photonic products.
Headquartered in Milpitas,
California, the company will be added to the S&P
SmallCap 600 GICS Communications Equipment Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– July 28, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Signet
Jewelers
|
Consumer
Discretionary
|
Specialty
Stores
|
DELETED
|
DIRECTV
|
Consumer
Discretionary
|
Cable &
Satellite
|
S&P MIDCAP 400
INDEX – July 28, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
PAREXEL
International
|
Health
Care
|
Life Science Tools
& Services
|
DELETED
|
Signet
Jewelers
|
Consumer
Discretionary
|
Specialty
Stores
|
S&P SMALLCAP
600 INDEX – July 28, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Enanta
Pharmaceuticals
|
Health
Care
|
Biotechnology
|
DELETED
|
PAREXEL
International
|
Health
Care
|
Life Science Tools
& Services
|
S&P MIDCAP 400
INDEX – July 31, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Catalent
|
Health
Care
|
Pharmaceuticals
|
DELETED
|
JDS
Uniphase
|
Information
Technology
|
Communications
Equipment
|
S&P SMALLCAP
600 INDEX – July 31, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Barnes & Noble
Education
|
Consumer
Discretionary
|
Specialty
Stores
|
|
JDS
Uniphase
|
Information
Technology
|
Communications
Equipment
|
DELETED
|
A. M. Castle
|
Materials
|
Steel
|
|
Susquehanna
Bancshares
|
Financials
|
Regional
Banks
|
S&P SMALLCAP
600 INDEX – August 3, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Lumentum
Holdings
|
Information
Technology
|
Communications
Equipment
|
DELETED
|
Comstock
Resources
|
Energy
|
Oil & Gas
Exploration & Production
|
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
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For more information:
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com
David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com
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visit:http://www.prnewswire.com/news-releases/signet-jewelers-set-to-join-the-sp-500-parexel-international-catalent-to-join-the-sp-midcap-400-others-to-join-sp-smallcap-600-300118661.html
SOURCE S&P Dow Jones Indices