NEW YORK, April 17, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P
SmallCap 600 indices:
- Gigamon Inc. (NYSE: GIMO) will replace Ixia (NASD: XXIA)
effective prior to the open on Thursday,
April 20. S&P MidCap 400 constituent Keysight
Technologies Inc. (NYSE: KEYS) is acquiring Ixia in a deal expected
to be completed on or about that date pending final
conditions.
- CBL & Associates Properties Inc. (NYSE: CBL) will replace
Air Methods Corp. (NASD: AIRM) effective prior to the open on
Monday, April 24. American Securities
LLC is acquiring Air Methods in a deal expected to be completed
soon pending final conditions.
- Cytokinetics Inc. (NASD: CYTK) will replace Cardinal Financial
Corp. (NASD: CFNL) effective prior to the open on Monday, April 24. S&P MidCap 400 constituent
United Bankshares Inc. (NASD: UBSI) is acquiring Cardinal Financial
in a deal expected to be completed on or about that date pending
final conditions.
Gigamon develops and delivers solutions that deliver visibility
and control of data-in-motion traversing enterprise, federal, and
service provider networks. Headquartered in Santa Clara, CA, the company will be added to
the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Systems Software Sub-Industry index.
CBL & Associates Properties, a public real estate investment
trust (REIT), owns, develops, manages and operates regional
shopping malls, open-air and mixed-use centers, outlet centers,
associated centers, community centers and office properties.
Headquartered in Chattanooga, TN,
the company will be added to the S&P SmallCap 600 GICS Retail
REITS Sub-Industry index.
Cytokinetics is a late-stage biopharmaceutical company, focusing
on discovering, developing, and commercializing muscle activators.
Headquartered in South San Francisco,
CA, the company will be added to the S&P SmallCap 600
GICS Biotechnology Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – APRIL 20, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Gigamon
|
Information
Technology
|
Systems
Software
|
DELETED
|
Ixia
|
Information
Technology
|
Communications
Equipment
|
S&P SMALLCAP
600 INDEX – APRIL 24, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
CBL &
Associates
|
Real
Estate
|
Retail
REITS
|
|
Cytokinetics
|
Health
Care
|
Biotechnology
|
DELETED
|
Air
Methods
|
Health
Care
|
Health Care
Services
|
|
Cardinal
Financial
|
Financials
|
Regional
Banks
|
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:
Soogyung Jordan
Global Head of
Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@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/gigamon-cbl--associates-properties-and-cytokinetics-set-to-join-sp-smallcap-600-300440518.html
SOURCE S&P Dow Jones Indices