NEW YORK, Sept. 20, 2016
/PRNewswire/ -- S&P Dow Jones Indices will make the
following changes to the S&P 500, S&P MidCap 400 and
S&P SmallCap 600 indices effective after the close of trading
on Thursday, September 22:
- S&P MidCap 400 constituent The Cooper Companies Inc. (NYSE:
COO) will replace Starwood Hotels & Resorts Worldwide Inc.
(NYSE: HOT) in the S&P 500, S&P SmallCap 600 constituent
Northwestern Corp. (NYSE: NWE) will replace Cooper Companies in the
S&P MidCap 400, and SPS Commerce Inc. (NASD: SPSC) will replace
Northwestern in the S&P SmallCap 600. S&P 500 constituent
Marriott International Inc. (NASD: MAR) is acquiring Starwood
Hotels & Resorts Worldwide in a deal expected to be completed
soon pending final conditions.
- S&P SmallCap 600 constituent NuVasive Inc. (NASD: NUVA)
will replace FEI Co. (NASD: FEIC) in the S&P MidCap 400, and
Fox Factory Holding Corp. (NASD: FOXF) will replace NuVasive in the
S&P SmallCap 600. S&P 500 constituent Thermo Fisher
Scientific Inc. (NYSE: TMO) acquired FEI in a deal completed
today.
The Cooper Companies operates as a medical device company.
Headquartered in Pleasanton, CA,
the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Health Care Supplies Sub-Industry
index.
Northwestern provides electricity and natural gas. Headquartered
in Sioux Falls, SD, the company
will be added to the S&P MidCap 400 GICS Multi-Utilities
Sub-Industry index.
SPS Commerce provides cloud-based supply chain management
solutions. Headquartered in Minneapolis,
MN, the Company will be added to the S&P SmallCap 600
GICS Internet Software & Services Sub-Industry index.
NuVasive develops and markets minimally-disruptive surgical
products and procedurally-integrated solutions for spine surgery.
Headquartered in San Diego, CA,
the Company will be added to the S&P MidCap 400 GICS Health
Care Equipment Sub-Industry index.
Fox Factory Holdings designs, engineers, manufactures, and
markets ride dynamics products. Headquartered in Scotts Valley, CA, the Company will be added
to the S&P SmallCap 600 GICS Auto Parts & Equipment
Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– September 22, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
The Cooper
Companies
|
Health
Care
|
Health Care
Supplies
|
DELETED
|
Starwood Hotels &
Resorts Worldwide
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise Lines
|
S&P MIDCAP 400
INDEX – September 22, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Northwestern
|
Utilities
|
Multi-Utilities
|
|
NuVasive
|
Health
Care
|
Health Care
Equipment
|
DELETED
|
The Cooper
Companies
|
Health
Care
|
Health Care
Supplies
|
|
FEI
|
Information
Technology
|
Electronic Equipment
& Instruments
|
S&P SMALLCAP
600 INDEX – September 22, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
SPS
Commerce
|
Information
Technology
|
Internet Software
& Services
|
|
Fox Factory
Holdings
|
Consumer
Discretionary
|
Auto Parts &
Equipment
|
DELETED
|
Northwestern
|
Utilities
|
Multi-Utilities
|
|
NuVasive
|
Health
Care
|
Health Care
Equipment
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/the-cooper-companies-set-to-join-the-sp-500-northwestern-and-nuvasive-to-join-sp-midcap-400-sps-commerce-and-fox-factory-to-join-sp-smallcap-600-300331403.html
SOURCE S&P Dow Jones Indices