NEW YORK, Jan. 26, 2016 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500
and S&P SmallCap 600 indices:
- Citizens Financial Group Inc. (NYSE:CFG) will replace Precision
Castparts Corp. (NYSE:PCP) in the S&P 500 after the close of
trading on Friday, January 29.
S&P 100 & 500 constituent Berkshire Hathaway Inc.
(NYSE:BRK.B) is acquiring Precision Castparts in a deal expected to
be completed on or about that date pending final conditions.
- ZELTIQ Aesthetics Inc. (NASD:ZLTQ) will replace MedAssets Inc.
(NASD:MDAS) in the S&P SmallCap 600 after the close of trading
on Friday, January 29. Private equity
firm Pamplona Capital Management is acquiring MedAssets in a deal
expected to be completed soon pending final conditions.
- RE/MAX Holdings Inc. (NYSE:RMAX) will replace The Pep
Boys—Manny, Moe & Jack (NYSE:PBY) in the S&P SmallCap 600
after the close of trading on Tuesday,
February 2. Icahn Enterprises L.P. (NASD:IEP) is acquiring
Pep Boys in a deal expected to be completed soon pending final
conditions.
Citizens Financial Group provides retail and commercial banking
products and services. Headquartered in Providence, RI, the company will be added to
the S&P 500 GICS (Global Industry Classification Standard)
Regional Banks Sub-Industry index.
ZELTIQ Aesthetics is a medical technology company. Headquartered
in Pleasanton, CA, the company
will be added to the S&P SmallCap 600 Health Care Equipment
Sub-Industry index.
RE/MAX Holdings operates as a franchisor of residential and
commercial real estate brokerage services. Headquartered in
Denver, CO, the company will be
added to the S&P SmallCap 600 GICS Real Estate Services
Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– January 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Citizens Financial
Group
|
Financials
|
Regional
Banks
|
|
DELETED
|
Precision
Castparts
|
Industrials
|
Aerospace &
Defense
|
|
S&P SMALLCAP
600 INDEX – January 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
ZELTIQ
Aesthetics
|
Health
Care
|
Health Care
Equipment
|
|
DELETED
|
MedAssets
|
Health
Care
|
Health Care
Technology
|
|
S&P SMALLCAP
600 INDEX – February 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
RE/MAX
Holdings
|
Financials
|
Real Estate
Services
|
|
DELETED
|
Pep Boys
|
Consumer
Discretionary
|
Automotive
Retail
|
Additions to and deletions from S&P Dow Jones Indices
do not in any way reflect an opinion on the investment merits of
the companies involved.
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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S&P DJI MEDIA CONTACTS:
David Blitzer
Managing
Director and Chairman of Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Soogyung Jordan
Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/citizens-financial-group-set-to-join-the-sp-500-zeltiq-aesthetics-remax-to-join-sp-smallcap-600-300210272.html
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