NEW YORK, Dec. 26, 2019 /PRNewswire/ -- S&P
SmallCap 600 constituent RH (NYSE: RH) will replace Genesee &
Wyoming Inc. (NYSE: GWR) in the S&P MidCap 400, and Foundation
Building Materials Inc. (NYSE: FBM) will replace RH in the S&P
SmallCap 600 prior to the open of trading on Thursday, January 2. Brookfield Infrastructure
Partners L.P. (NYSE: BIP) is acquiring Genesee & Wyoming in a deal expected to be completed
prior to the open of trading on Monday,
December 30.
RH operates as a luxury retailer in the home furnishings
marketplace. Headquartered in Corte
Madera, CA, the company will be added to the S&P MidCap
400 GICS (Global Industry Classification Standard) Homefurnishing
Retail Sub-Industry index.
Foundation Building Materials distributes wallboard, suspended
ceiling systems and metal framing building products. Headquartered
in Santa Ana, CA, the company will
be added to the S&P SmallCap 600 GICS Trading Companies &
Distributors Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – January 2, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
RH
|
Consumer
Discretionary
|
Homefurnishing
Retail
|
|
DELETED
|
Genesee &
Wyoming
|
Industrials
|
Railroads
|
|
S&P SMALLCAP
600 INDEX – January 2, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Foundation
Building
Materials
|
Industrials
|
Trading Companies
&
Distributors
|
|
DELETED
|
RH
|
Consumer
Discretionary
|
Homefurnishing
Retail
|
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