NEW YORK, Nov. 21, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P
S&P SmallCap 600 effective prior to the open of trading on
Thursday, November 30:
- CONSOL Mining Corporation, to be renamed CONSOL Energy Inc.,
(NYSE: CEIX) will replace Iconix Brand Group Inc. (NASD: ICON).
S&P MidCap 400 constituent CONSOL Energy Inc., to be renamed
CNX Resources Corp., (NYSE: CNX) is spinning off CONSOL Mining in a
transaction expected to be completed after the close of trading on
Tuesday, November 28 pending final
conditions. Post spin-off, the newly named CNX Resources will
remain in the S&P MidCap 400 and will change its Global
Industry Classification Standard (GICS) to Oil & Gas
Exploration & Production. Iconix Brand Group is ranked near the
bottom of the S&P SmallCap 600 and is no longer representative
of the small-cap market space.
- PDF Solutions Inc. (NASD: PDFS) will replace Black Box Corp.
(NASD: BBOX) in the S&P SmallCap 600. With a market
capitalization below $60 million,
Black Box is ranked at the bottom of the S&P SmallCap 600 and
is no longer representative of the small-cap market space.
CONSOL Energy (new) focuses on the extraction and preparation of
coal in the Appalachian Basin. Headquartered in Canonsburg, PA, the company will be added to
the S&P SmallCap 600 GICS Coal & Consumable Fuels
Sub-Industry index.
PDF Solutions provides infrastructure technologies and services
to enhance yield and optimize performance of integrated circuits.
Headquartered in San Jose, CA, the
company will be added to the S&P SmallCap 600 GICS
Semiconductor Equipment Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – NOVEMBER 30, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
CONSOL Energy
(new)
|
Energy
|
Coal & Consumable
Fuels
|
|
PDF
Solutions
|
Information
Technology
|
Semiconductor
Equipment
|
DELETED
|
Iconix Brand
Group
|
Consumer
Discretionary
|
Apparel, Accessories
& Luxury Goods
|
|
Black Box
|
Information
Technology
|
Communications
Equipment
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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FOR MORE INFORMATION:
S&P Dow Jones
Indices
index_services@spglobal.com
David Blitzer
Managing Director and Chairman of
the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
Soogyung Jordan
Global Head of
Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
Luke Shane
North America
Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
Haw-Yan Man
EMEA
Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com
Cecilia Ho
Asia Pacific
Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com
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SOURCE S&P Dow Jones Indices