NEW YORK, March 20, 2012 /PRNewswire/ -- S&P SmallCap 600 constituent Wright Express Corp. (NYSE: WXS) will replace Southern Union Co. (NYSE: SUG) in the S&P MidCap 400 index, and CVB Financial Corp. (NASD: CVBF) will replace Wright Express in the S&P SmallCap 600 index after the close of trading on Monday, March 26. Energy Transfer Equity, L.P. (NYSE: ETE) is acquiring Southern Union in a deal expected to be completed on or about that date, pending final conditions.

Wright Express is a provider of payment processing and information management services. Headquartered in South Portland, ME, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.

CVB Financial provides banking and trust services. Headquartered in Ontario, CA, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400  INDEX – March 26, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Wright Express

Information Technology

Data Processing & Outsourced Services

DELETED

Southern Union

Energy

Oil & Gas Storage & Transportation

S&P SMALLCAP 600 INDEX – March 26, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

CVB Financial

Financials

Regional Banks

DELETED

Wright Express

Information Technology

Data Processing & Outsourced Services

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S&P Indices

dave_guarino@standardandpoors.com

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David Blitzer

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212-438-3907

SOURCE S&P Indices

Copyright 2012 PR Newswire

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