NEW YORK, Nov. 18, 2011 /PRNewswire/ -- S&P 500
constituent Janus Capital Group Inc. (NYSE: JNS) will replace DPL
Inc. (NYSE: DPL) in the S&P MidCap 400 index, and Cooper
Industries plc (NYSE: CBE) will replace Janus Capital Group in the
S&P 500 index after the close of trading on Tuesday, November 22. DPL is being acquired by
S&P 500 constituent The AES Corp. (NYSE: AES) in a deal
expected to be completed after the Thanksgiving holiday pending final approvals.
Janus Capital Group's market capitalization is less than
$1.2 billion and is no longer
representative of the large cap market space.
S&P Indices will monitor this transaction, and post any
relevant updates on its website: www.standardandpoors.com.
Janus Capital Group is an asset management company.
Headquartered in Denver, CO, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Asset Management & Custody
Banks Sub-Industry index.
Cooper Industries plc manufactures and sells electrical
products. Headquartered in Dublin,
Ireland, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Electrical Components
& Equipment Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– November 22, 2011
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Cooper Industries
|
Industrials
|
Electrical Components &
Equipment
|
|
DELETED
|
Janus Capital Group
|
Financials
|
Asset Management &
Custody Banks
|
|
S&P MIDCAP 400 INDEX
– November 22, 2011
|
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Janus Capital Group
|
Financials
|
Asset Management &
Custody Banks
|
|
DELETED
|
DPL
|
Utilities
|
Electric Utilities
|
For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
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Companies (NYSE: MHP), maintains a wide variety of investable and
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www.standardandpoors.com/indices.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE S&P Indices