NEW YORK, Sept. 27, 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 Friday, September
30:
- Coty Inc. (NYSE: COTY) will replace Diamond Offshore Drilling
Inc. (NYSE: DO) in the S&P 500, and Diamond Offshore Drilling
will replace Polycom Inc. (NASD: PLCM) in the S&P MidCap 400.
Siris Capital Group acquired Polycom in a deal completed today.
Diamond Offshore Drilling is ranked at the bottom of the S&P
500 and has a market capitalization more representative of the
mid-cap market space.
- Tile Shop Holdings Inc. (NASD: TTS) will replace Epiq Systems
Inc. (NASD: EPIQ) in the S&P SmallCap 600. Omers Private Equity
is acquiring Epiq in a deal expected to be completed soon pending
final conditions.
Coty manufactures, markets, and distributes beauty products.
Headquartered in New York, NY, the
company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Personal Products Sub-Industry index.
Diamond Offshore Drilling provides contract drilling services to
the energy industry. Headquartered in Houston, TX, the company will be added to the
S&P MidCap 400 GICS Oil & Gas Drilling Sub-Industry
index.
Tile Shop Holdings operates as a specialty retailer of
manufactured and natural stone tiles, setting and maintenance
materials. Headquartered in Plymouth,
MN, the Company will be added to the S&P SmallCap 600
GICS Home Improvement Retail Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Coty
|
Consumer
Staples
|
Personal
Products
|
|
DELETED
|
Diamond Offshore
Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
S&P MIDCAP 400
INDEX – September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Diamond Offshore
Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
DELETED
|
Polycom
|
Information
Technology
|
Communications
Equipment
|
|
S&P SMALLCAP
600 INDEX – September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Tile Shop
Holdings
|
Consumer
Discretionary
|
Home Improvement
Retail
|
|
DELETED
|
Epiq
Systems
|
Information
Technology
|
Application
Software
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES
INDICES
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SPGI), which provides essential intelligence for individuals,
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more information, visit www.spdji.com.
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
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visit:http://www.prnewswire.com/news-releases/coty-set-to-join-the-sp-500-diamond-offshore-drilling-to-join-sp-midcap-400-tile-shop-to-join-sp-smallcap-600-300335236.html
SOURCE S&P Dow Jones Indices