NEW YORK, May 28, 2013 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P SmallCap 600
index after the close of trading on Friday,
May 31:
- Impax Laboratories Inc. (NASD: IPXL) will replace Cymer Inc.
(NASD: CYMI). ASML Holding NV is acquiring Cymer in a deal expected
to be completed on or about that date pending final approvals.
- Tangoe Inc. (NASD: TNGO) will replace Hot Topic Inc. (NASD:
HOTT). Private equity firm Sycamore Partners is acquiring Hot Topic
in a deal expected to be completed soon, pending final
approvals.
Impax Laboratories is a specialty pharmaceutical company.
Headquartered in Hayward, CA, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Pharmaceuticals Sub-Industry
index.
Tangoe Inc. provides communications lifecycle management
software and services. Headquartered in Orange, CT, the company will be added to the
S&P SmallCap 600 GICS Application Software Sub-Industry
index.
Following is a summary of the changes:
|
S&P SMALLCAP
600 INDEX – May 31, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Impax
Laboratories
|
Health
Care
|
Pharmaceuticals
|
|
Tangoe
|
Information
Technology
|
Application
Software
|
|
DELETED
|
Cymer
|
Information
Technology
|
Semiconductor
Equipment
|
|
Hot Topic
|
Consumer
Discretionary
|
Apparel
Retail
|
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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