NEW YORK, March 8, 2019 /PRNewswire/ -- XPO Logistics
Inc. (NYSE: XPO) and Colfax Corp. (NYSE: CFX) will replace Diamond
Offshore Drilling Inc. (NYSE: DO) and Big Lots Inc. (NYSE: BIG)
respectively in the S&P MidCap 400, and Diamond Offshore
Drilling and Big Lots will replace Maiden Holding Ltd. (NASD: MHLD)
and Quorum Health Corp. (NYSE: QHC) respectively in the S&P
SmallCap 600. Diamond Offshore Drilling and Big Lots have market
capitalizations more representative of the small-cap market space.
Maiden Holding and Quorum Health are ranked near the bottom of the
S&P SmallCap 600. The changes will be effective prior to the
open of trading on Monday, March 18
to coincide with the March rebalance.
XPO Logistics provides transportation and logistics services.
Headquartered in Greenwich, CT,
the company will be added to the S&P MidCap 400 (Global
Industry Classification Standard) GICS Air Freight & Logistics
Sub-Industry index.
Colfax provides fabrication technology in addition to air and
gas handling products and services. Headquartered in Annapolis Junction, MD, the company will be
added to the S&P MidCap 400 GICS Industrial Machinery
Sub-Industry index.
Diamond Offshore Drilling provides contract drilling services to
the energy industry. Headquartered in Houston, TX, the company will be added to the
S&P SmallCap 600 GICS Oil & Gas Drilling Sub-Industry
index.
Big Lots is a community retailer. Headquartered in Columbus, OH, the company will be added to the
S&P SmallCap 600 GICS General Merchandise Stores Sub-Industry
index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – March 18, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
XPO
Logistics
|
Industrials
|
Air Freight &
Logistics
|
|
Colfax
|
Industrials
|
Industrial
Machinery
|
DELETED
|
Diamond
Offshore Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
Big Lots
|
Consumer
Discretionary
|
General
Merchandise
Stores
|
|
|
S&P SMALLCAP
600 INDEX – March 18, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Diamond
Offshore Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
Big Lots
|
Consumer
Discretionary
|
General
Merchandise
Stores
|
DELETED
|
Maiden
Holdings
|
Financials
|
Reinsurance
|
|
Quorum
Health
|
Health
Care
|
Health Care
Facilities
|
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visit www.spdji.com.
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