NEW YORK, Sept. 21, 2015 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600 indices:
- S&P MidCap 400 constituent SPX Corp. (NYSE: SPW) will
replace DealerTrack Technologies Inc. (NASD: TRAK) in the S&P
SmallCap 600, S&P SmallCap 600 constituent The Toro Co. (NYSE:
TTC) will replace SPX in the S&P MidCap 400 and Core-Mark
Holding Company Inc. (NASD: CORE) will replace Toro in the SmallCap
600 after the close of trading on Thursday,
September 24. Cox Automotive is acquiring DealerTrack
Technologies in a deal expected to be completed soon pending final
approvals.
- SPX FLOW Inc. (NYSE: FLOWwi) will replace Christopher &
Banks Corp. (NYSE: CBK) in the S&P SmallCap 600 after the close
of trading on Friday, September 25.
New S&P SmallCap 600 constituent SPX Corp. (NYSE: SPW) is
spinning off SPX FLOW to shareholders in a deal expected to be
completed on or about that date. Christopher & Banks is ranked
near the bottom of the S&P SmallCap 600 and is no longer
appropriate for that index.
SPX provides specialized engineered solutions.
Headquartered in Charlotte, NC,
the company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Industrial Machinery Sub-Industry
index.
The Toro Company designs, manufactures, and markets professional
turf maintenance equipment and services. Headquartered in
Bloomington, MN, the company will
be added to the S&P MidCap 400 Agricultural & Farm
Machinery Sub-Industry index.
Core-Mark Holding markets fresh
and broad-line supply solutions to the convenience retail industry.
Headquartered in South San Francisco,
CA, the company will be added to the S&P SmallCap 600
GICS Distributors Sub-Industry index.
SPX FLOW provides engineered technologies and services.
Headquartered in Charlotte, NC,
the company will be added to the S&P SmallCap 600 GICS
Industrial Machinery Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – September 24, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Toro
|
Industrials
|
Agricultural &
Farm Machinery
|
DELETED
|
SPX
|
Industrials
|
Industrial
Machinery
|
S&P SMALLCAP
600 – September 24, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
SPX
|
Industrials
|
Industrial
Machinery
|
|
Core-Mark
Holding
|
Consumer
Discretionary
|
Distributors
|
DELETED
|
Toro
|
Industrials
|
Agricultural &
Farm Machinery
|
|
DealerTrack
|
Information
Technology
|
Internet Software
& Services
|
S&P SMALLCAP
600 INDEX – September 25, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
SPX FLOW
|
Industrials
|
Industrial
Machinery
|
DELETED
|
Christopher &
Banks
|
Consumer
Discretionary
|
Apparel
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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