NEW YORK, Jan. 16, 2014 /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, January
23:
- S&P MidCap 400 constituent Tractor Supply Co. (NASD:TSCO)
will replace Life Technologies Corp. (NASD:LIFE) in the S&P
500, S&P SmallCap 600 constituent Align Technology Inc.
(NASD:ALGN) will replace Tractor Supply in the S&P MidCap 400
and Roadrunner Transportation Systems Inc. (NYSE:RRTS) will replace
Align Technology in the S&P SmallCap 600. Life Technologies is
being acquired by S&P 500 constituent Thermo Fisher Scientific
Inc. (NYSE:TMO) in a deal expected to be completed soon pending
final approvals. Tractor Supply has a market capitalization that is
more representative of the large cap market space. Align
Technology is the top ranked company in the S&P SmallCap 600 as
measured by market capitalization.
- Boise Cascade Co. (NYSE:BCC) will replace ViroPharma Inc.
(NASD:VPHM) in the S&P SmallCap 600. Shire plc is acquiring
ViroPharma in a deal expected to be completed soon pending final
approvals.
Tractor Supply operates retail farm and ranch stores.
Headquartered in Brentwood, TN,
the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Specialty Stores Sub-Industry index.
Align Technology operates as a medical device company.
Headquartered in San Jose, CA, the
company will be added to the S&P MidCap 400 GICS Health Care
Supplies Sub-Industry index.
Roadrunner Transportation Systems provides asset-light
transportation and logistics services. Headquartered in
Cudahy, WI, the company will be
added to the S&P SmallCap 600 GICS Trucking Sub-Industry
index.
Boise Cascade manufactures wood products and distributes
building materials. Headquartered in Boise, ID, the company will be added to the
S&P SmallCap 600 GICS Forest Products Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– January 23, 2014
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Tractor
Supply
|
Consumer
Discretionary
|
Specialty
Stores
|
DELETED
|
Life
Technologies
|
Health
Care
|
Life Science Tools
& Services
|
S&P MIDCAP 400
INDEX – January 23, 2014
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Align
Technology
|
Health
Care
|
Health Care
Supplies
|
DELETED
|
Tractor
Supply
|
Consumer
Discretionary
|
Specialty
Stores
|
S&P SMALLCAP
600 INDEX – January 23, 2014
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Roadrunner
Transportation Systems
|
Industrials
|
Trucking
|
|
Boise
Cascade
|
Materials
|
Forest
Products
|
DELETED
|
Align
Technology
|
Health
Care
|
Health Care
Supplies
|
|
ViroPharma
|
Health
Care
|
Pharmaceuticals
|
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:
Dave
Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907
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