NEW YORK, April 26, 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:
- S&P MidCap 400 constituent Acuity Brands, Inc. (NYSE: AYI)
will replace The ADT Corp. (NYSE: ADT) in the S&P 500, S&P
SmallCap 600 constituent ViaSat Inc. (NASD: VSAT) will replace
Acuity Brands in the S&P MidCap 400, and Multi-Color Corp.
(NASD: LABL) will replace ViaSat in the S&P SmallCap 600 after
the close of trading on Monday, May
2. Apollo Global Management, LLC is acquiring The ADT Corp
in a deal expected to be completed on or about that date pending
final approvals.
- Opus Bank (NASD: OPB) will replace Newport Corp. (NASD: NEWP)
in the S&P SmallCap 600 after the close of trading on
Friday, April 29. MKS Instruments,
Inc. (NASD: MKSI) is acquiring Newport Corp in a deal to be
completed on or about that date pending final approvals.
Acuity Brands designs, produces, and distributes various
lighting solutions and services for commercial, institutional,
industrial, infrastructure, and residential applications.
Headquartered in Atlanta, GA, the
company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Electrical Components & Equipment
Sub-Industry index.
ViaSat provides satellite and wireless networking applications;
and secure networking systems, products, and services.
Headquartered in Carlsbad, CA, the
company will be added to the S&P MidCap 400 GICS Communications
Equipment Sub-Industry index.
Multi-Color provides various label solutions. Headquartered in
Batavia, OH, the company will be
added to the S&P SmallCap 600 GICS Commercial Printing
Sub-Industry index.
Opus Bank provides various banking products, services, and
solutions for small to mid-sized companies, entrepreneurs, real
estate investors, professionals, and high net worth individuals.
Headquartered in Irvine, CA, the
company will be added to the S&P SmallCap 600 GICS Regional
Banks Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – April 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Opus Bank
|
Financials
|
Regional
Banks
|
DELETED
|
Newport
|
Information
Technology
|
Electronic Equipment
& Instruments
|
S&P 500 INDEX
– May 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Acuity
Brands
|
Industrials
|
Electrical Components
& Equipment
|
DELETED
|
ADT Corp
|
Industrials
|
Security & Alarm
Service
|
S&P MIDCAP 400
INDEX – May 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
ViaSat
|
Information
Technology
|
Communications
Equipment
|
DELETED
|
Acuity
Brands
|
Industrials
|
Electrical Components
& Equipment
|
S&P SMALLCAP
600 INDEX – May 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Multi-Color
|
Industrials
|
Commercial
Printing
|
DELETED
|
ViaSat
|
Information
Technology
|
Communications
Equipment
|
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.
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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