NEW YORK, March 28, 2012 /PRNewswire/ -- S&P MidCap 400
constituent Fossil, Inc. (NASD: FOSL) will replace Medco Health
Solutions, Inc. (NYSE: MHS) in the S&P 500 index, S&P
SmallCap 600 constituent BioMed Realty Trust, Inc. (NYSE: BMR) will
replace Fossil in the S&P MidCap 400 index, and Innophos
Holdings, Inc. (NASD: IPHS) will replace BioMed Realty Trust in the
S&P SmallCap 600 index after the close of trading on a date to
be announced. S&P 500 constituent Express Scripts, Inc.
(NASD: ESRX) is acquiring Medco Health Solutions in a deal
expected to be completed soon pending final approvals.
Fossil designs, develops, markets, and distributes consumer
fashion accessories. Headquartered in Richardson, TX, the company will be added to
the S&P 500 GICS (Global Industry Classification Standard)
Apparel Accessories & Luxury Goods Sub-Industry index.
BioMed Realty Trust is a real estate investment trust (REIT)
that provides real estate to the life science industry.
Headquartered in San Diego, CA,
the company will be added to the S&P MidCap 400 GICS Office
REITs Sub-Industry index.
Innophos Holdings engages in the production of mineral based
specialty ingredients. Headquartered in Cranbury, NJ, the company will be added to the
S&P SmallCap 600 GICS Specialty Chemicals Sub-Industry
index.
Following is a summary of the changes:
S&P
500 INDEX – TBA
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Fossil
|
Consumer
Discretionary
|
Apparel
Accessories & Luxuary Goods
|
DELETED
|
Medco
Health Solutions
|
Health
Care
|
Health
Care Services
|
S&P
MIDCAP 400 INDEX – TBA
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
BioMed
Realty Trust
|
Financials
|
Office
REITs
|
DELETED
|
Fossil
|
Consumer
Discretionary
|
Apparel
Accessories & Luxuary Goods
|
S&P
SMALLCAP 600 INDEX – TBA
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Innophus
Holdings
|
Materials
|
Specialty
Chemicals
|
DELETED
|
BioMed
Realty Trust
|
Financials
|
Office
REITs
|
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill
Companies (NYSE: MHP), maintains a wide variety of investable and
benchmark indices to meet an array of investor needs. Over
$1.45 trillion is directly indexed to
our indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price
Indices, the leading measure of U.S. home prices, the S&P
Global BMI, an index with approximately 11,000 constituents, the
S&P GSCI, the industry's most closely watched commodities
index, and the S&P National AMT-Free Municipal Bond Index, the
premier investable index for U.S. municipal bonds. For more
information, please visit: www.standardandpoors.com/indices.
It is not possible to invest directly in an index. S&P
Indices does not sponsor, endorse, sell, or promote any S&P
index-based investment product. This document does not constitute
an offer of services in jurisdictions where S&P Indices or its
affiliates do not have the necessary licenses. S&P Indices
receives compensation in connection with licensing its indices to
third parties.
For more information:
Dave Guarino
Communications
S&P Indices
dave_guarino@standardandpoors.com
212-438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Indices
david_blitzer@standardandpoors.com
212-438-3907
SOURCE S&P Indices