NEW YORK, Sept. 21, 2011 /PRNewswire/ -- The Mosaic Company
(NYSE: MOS) will replace National Semiconductor Corp. (NYSE: NSM)
in the S&P 500 index after the close of trading on Friday, September 23, 2011. National
Semiconductor is being acquired by S&P 100 & 500
constituent Texas Instruments Inc. (NYSE: TXN) in a deal expected
to be completed on or about that date pending final approvals.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
The Mosaic Company engages in the production and marketing of
concentrated phosphate and potash-based crop nutrients.
Headquartered in Plymouth, MN, the
company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Fertilizers & Agricultural Chemicals
Sub-Industry index.
Following is a summary of the change:
|
|
S&P 500
INDEX – September 23, 2011
|
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
The Mosaic
Company
|
Materials
|
Fertilizers
& Agricultural Chemicals
|
|
DELETED
|
National
Semiconductor
|
Information
Technology
|
Semiconductors
|
|
|
|
|
|
|
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill Companies
(NYSE: MHP), maintains a wide variety of investable and benchmark
indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard
& Poor's family of indices, which includes the S&P 500, the
world's most followed stock market index, the S&P/Case-Shiller
Home Price Indices, the leading measure of U.S. home prices, the
S&P Global BMI, an index with approximately 11,000
constituents, the S&P GSCI, the industry's most closely watched
commodities index, and the S&P National AMT-Free Municipal Bond
Index, the premier investable index for U.S. municipal bonds. For
more information, please visit:
www.standardandpoors.com/indices.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE Standard & Poor's