NEW YORK, March 13, 2015 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P 100, S&P
500, S&P MidCap 400 and S&P SmallCap 600 indices:
- S&P 500 constituents Celgene Corp. (NASD:CELG), Kinder
Morgan Inc. (NYSE:KMI) and Actavis plc (NYSE:ACT) will replace
S&P 500 constituents Freeport-McMoRan Inc. (NYSE:FCX), National
Oilwell Varco Inc. (NYSE:NOV) and Apache Corp. (NYSE:APA) in the
S&P 100 after the close of trading on Friday, March 20. All companies being removed
from the S&P 100 will remain in the S&P 500. All companies
being added to the S&P 100 are more representative of the U.S.
mega-cap equity space.
- Three S&P 500 constituents will switch places with 3
S&P MidCap 400 constituents after the close of trading on
Friday, March 20. These transfers
will make each index more representative of its market
capitalization range; the companies moving to the S&P 500 have
a market cap above $12 billion, and
the companies moving to the S&P MidCap 400 have market caps
between $2.5 billion and $5 billion.
The transfers will be as follows:
S&P MidCap 400 constituent Equinix Inc. (NASD:EQIX) will
replace Denbury Resources Inc. (NYSE:DNR) in the S&P 500, and
Denbury Resources will replace Equinix in the S&P MidCap
400.
S&P MidCap 400 constituent SL Green Realty Corp. (NYSE:SLG)
will replace Nabors Industries Ltd. (NYSE:NBR) in the S&P 500,
and Nabors Industries will replace SL Green Realty in the S&P
MidCap 400.
S&P MidCap 400 constituent Hanesbrands Inc. (NYSE:HBI) will
replace Avon Products Inc. (NYSE:AVP) in the S&P 500, and Avon
Products will replace Hanesbrands in the S&P MidCap 400.
- S&P MidCap 400 constituent Henry Schein Inc. (NASD:HSIC)
will replace Carefusion Corp. (NYSE:CFN) in the S&P 500,
S&P SmallCap 600 constituent Buffalo Wild Wings Inc.
(NASD:BWLD) will replace Henry
Schein in the S&P MidCap 400, and Talmer Bancorp Inc.
(NASD:TLMR) will replace Buffalo Wild Wings in the S&P SmallCap
600 after the close of trading on Tuesday,
March 17. S&P 500 constituent Becton, Dickinson and Company (NYSE:BDX) is acquiring
Carefusion in a deal expected to be completed on or about that
date, pending final approvals.
Celgene is a biopharmaceutical company headquartered in
Summit, NJ.
Kinder Morgan is an energy
infrastructure company headquartered in Houston, TX.
Actavis is a specialty pharmaceutical company headquartered in
Dublin, Ireland.
Equinix is an interconnection and data center company.
Headquartered in Redwood City, CA,
the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Internet Software & Services
Sub-Industry index.
Denbury Resources operates as an independent oil and natural gas
company. Headquartered in Plano,
TX, the company will be added to the S&P MidCap 400 GICS
Oil & Gas Exploration & Production Sub-Industry index.
S L Green Realty is a real estate investment trust (REIT)
engaged in the property management, acquisition, financing,
development, construction, and leasing of commercial office and
retail properties. Headquartered in New
York, NY, the company will be added to the S&P 500 GICS
Office REITs Sub-Industry index.
Nabors Industries provides drilling and rig services, and
completion and production services. Headquartered in
Hamilton, Bermuda, the company
will be added to the S&P MidCap 400 Oil & Gas Drilling
Sub-Industry index.
Hanesbrands designs, manufactures, sources, and sells a range of
basic apparels. Headquartered in Winston-Salem, NC, the company will be added
to the S&P 500 Apparel, Accessories & Luxury Goods
Sub-Industry index.
Avon Products manufactures and markets beauty and related
products. Headquartered in New
York, NY, the company will be added to the S&P MidCap
400 Personal Products Sub-Industry index.
Henry Schein provides health care
products and services. Headquartered in Melville, NY, the company will be added to the
S&P 500 Health Care Distributors Sub-Industry index.
Buffalo Wild Wings owns, operates, and franchises
restaurants. Headquartered in Minneapolis, MN, the company will be added to
the S&P MidCap 400 Restaurants Sub-Industry index.
Talmer Bancorp provides various commercial and retail banking
products and services. Headquartered in Troy, MI, the company will be added to the
S&P SmallCap 600 Regional Banks Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– March 17, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Henry
Schein
|
Health
Care
|
Health Care
Distributors
|
DELETED
|
Carefusion
|
Health
Care
|
Health Care
Equipment
|
S&P MIDCAP 400
INDEX – March 17, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Buffalo Wild
Wings
|
Consumer
Discretionary
|
Restaurants
|
DELETED
|
Henry
Schein
|
Health
Care
|
Health Care
Distributors
|
S&P SMALLCAP
600 INDEX – March 17, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Talmer
Bancorp
|
Financials
|
Regional
Banks
|
DELETED
|
Buffalo Wild
Wings
|
Consumer
Discretionary
|
Restaurants
|
S&P 100 INDEX
– March 20, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Celgene
|
Health
Care
|
Biotechnology
|
|
Kinder
Morgan
|
Energy
|
Oil & Gas Storage
& Transportation
|
|
Actavis
|
Health
Care
|
Pharmaceuticals
|
DELETED
|
Freeport
McMoRan
|
Materials
|
Diversified Metals
& Mining
|
|
National Oilwell
Varco
|
Energy
|
Oil & Gas
Equipment & Services
|
|
Apache
|
Energy
|
Oil & Gas
Exploration & Production
|
S&P 500 INDEX
– March 20, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Equinix
|
Information
Technology
|
Internet Software
& Services
|
|
S L Green
Realty
|
Financials
|
Office
REITs
|
|
Hanesbrands
|
Consumer
Discretionary
|
Apparel, Accessories
& Luxury Goods
|
DELETED
|
Denbury
Resources
|
Energy
|
Oil & Gas
Exploration & Production
|
|
Nabors
Industries
|
Energy
|
Oil & Gas
Drilling
|
|
Avon
Products
|
Consumer
Staples
|
Personal
Products
|
S&P MIDCAP 400
INDEX – March 20, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Denbury
Resources
|
Energy
|
Oil & Gas
Production & Exploration
|
|
Nabors
Industries
|
Energy
|
Oil & Gas
Drilling
|
|
Avon
Products
|
Consumer
Staples
|
Personal
Products
|
DELETED
|
Equinix
|
Information
Technology
|
Internet Software
& Services
|
|
S L Green
Realty
|
Financials
|
Office
REITs
|
|
Hanesbrands
|
Consumer
Discretionary
|
Apparel, Accessories
& Luxury Goods
|
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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For more information:
David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com
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visit:http://www.prnewswire.com/news-releases/celgene-kinder-morgan-and-actavis-set-to-join-the-sp-100-several-constituent-changes-announced-for-sp-500-sp-midcap-400-and-sp-smallcap-600-300050468.html
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