NEW YORK, May 12 /PRNewswire/ -- S&P SmallCap 600
constituent Rock-Tenn Co. (NYSE: RKT) will replace Varian Inc.
(NASD: VARI) in the S&P MidCap 400 index, and LSB Industries
Inc. (NYSE: LXU) will replace Rock-Tenn in the S&P SmallCap 600
index after the close of trading on a date to be announced.
Varian is being acquired by S&P 500 constituent Agilent
Technologies Inc. (NYSE: A) in a deal expected to be completed
soon, pending final approvals.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
Rock-Tenn Company is a producer of paperboard, containerboard
and consumer and corrugated packaging. Headquartered in
Norcross, GA, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Paper Packaging Sub-Industry index.
LSB Industries engages in the manufacture and sale of geothermal
and water source heat pumps, air handling products, and chemical
products. Headquartered in Oklahoma City,
OK, the company will be added to the S&P SmallCap 600
GICS Diversified Chemicals Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX
– TBA
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
|
ADDED
|
Rock-Tenn
|
Materials
|
Paper Packaging
|
|
|
DELETED
|
Varian
|
Health Care
|
Life Sciences Tools &
Services
|
|
|
|
|
|
|
|
S&P SMALL CAP 600
INDEX – TBA
|
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS SUB-INDUSTRY
|
|
|
ADDED
|
LSB Industries
|
Materials
|
Diversified
Chemicals
|
|
|
DELETED
|
Rock-Tenn
|
Materials
|
Paper Packaging
|
|
|
|
|
|
|
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SOURCE Standard & Poor's