NEW YORK, Feb. 7, 2017 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P MidCap 400
and S&P SmallCap 600 after the close of trading on Friday, February 10:
Cooper Tire & Rubber Co. (NYSE:CTB) will replace comScore
Inc. (NASD:SCOR) in the S&P MidCap 400. NASDAQ announced that
comScore will be delisted from its exchange due to non-compliance
effective at the close of February 7,
and therefore it will no longer be eligible for continued inclusion
in the S&P MidCap 400.
Hersha Hospitality Trust (NYSE:HT) will replace WCI Communities
Inc. (NYSE:WCIC) in the S&P SmallCap 600. S&P 500
constituent Lennar Corp. (NYSE:LEN) is acquiring WCI Communities in
a deal expected to be completed on or about that date, pending
final closing conditions.
Cooper Tire & Rubber manufactures and markets replacement
tires worldwide. Headquartered in Findlay, OH, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Tires & Rubber Sub-Industry index.
Hersha Hospitality Trust, a real estate investment trust,
engages in the ownership and operation of hotels. Headquartered in
Philadelphia, PA, the company will
be added to the S&P SmallCap 600 GICS Hotel & Resort REITs
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – FEBRUARY 10, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Cooper Tire &
Rubber
|
Consumer
Discretionary
|
Tire &
Rubber
|
DELETED
|
comScore
|
Information
Technology
|
Internet Software
& Services
|
S&P SMALLCAP
600 INDEX – FEBRUARY 10, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Hersha
Hospitality
|
Real
Estate
|
Hotel & Resort
REITs
|
DELETED
|
WCI
Communities
|
Consumer
Discretionary
|
Homebuilding
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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more information, visit www.spdji.com.
FOR MORE INFORMATION:
Luke Shane
North
America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cooper-tire--rubber-to-join-sp-midcap-400-hersha-hospitality-trust-to-join-sp-smallcap-600-300403802.html
SOURCE S&P Dow Jones Indices