NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Fortinet Inc.
(NASD: FTNT) will replace Harris Teeter Supermarkets Inc. (NYSE:
HTSI) in the S&P MidCap 400 after the close of trading on
Tuesday, January 28. S&P 500
constituent The Kroger Co. (NYSE: KR) is acquiring Harris Teeter in a deal expected to be completed
on that date.
Fortinet provides network security solutions. Headquartered in
Sunnyvale, CA, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Systems Software Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400
INDEX – January 28, 2014
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Fortinet
|
Information
Technology
|
Systems
Software
|
DELETED
|
Harris Teeter
Supermarkets
|
Consumer
Staples
|
Food
Retail
|
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.
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