NEW YORK, April 23, 2012 /PRNewswire/ -- Phillips 66
(NYSE: PSXwi) will replace SUPERVALU, Inc. (NYSE: SVU) in the
S&P 500 index, SUPERVALU will replace American Greetings Corp.
(NYSE: AM) in the S&P MidCap 400 index, and American Greetings
will replace The Standard Register Co. (NYSE: SR) in the S&P
SmallCap 600 index after the close of trading on Monday, April 30. S&P 100 & 500
constituent ConocoPhillips Inc. (NYSE: COP) is spinning off
Phillips 66 in a transaction expected to be completed on or about
that date, pending final approvals. The ConocoPhillips stub will
remain in the S&P 500 index following completion of the
transaction. SUPERVALU's market cap is below $1.4 billion, making it more representative of
the mid cap market space. American Greeting's market cap is below
$600 million, making it more
representative of the small cap market space. The Standard Register
is ranked # 600 in the SmallCap 600 index.
Phillips 66 engages in the refining, marketing, midstream and
chemicals businesses. Headquartered in Houston, TX, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Oil
& Gas Refining & Marketing Sub-Industry index.
SUPERVALU operates retail and wholesale food stores.
Headquartered in Eden Prairie,
MN, the company will be added to the S&P MidCap 400 GICS
Food Retail Sub-Industry index.
American Greetings engages in the design, manufacture, and sale
of greeting cards and other social expression products.
Headquartered in Cleveland,
OH, the company will be added to the S&P SmallCap 600
GICS Housewares & Specialties Sub-Industry index
Following is a summary of the changes:
S&P
500 INDEX – April 30, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Phillips
66
|
Energy
|
Oil &
Gas Refining & Marketing
|
DELETED
|
SUPERVALU
|
Consumer
Staples
|
Food
Retail
|
S&P
MIDCAP 400 INDEX – April 30, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
SUPERVALU
|
Consumer
Staples
|
Food
Retail
|
DELETED
|
American
Greetings
|
Consumer
Discretionary
|
Housewares
& Specialties
|
S&P
SMALLCAP 600 INDEX – April 30,
2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
American
Greetings
|
Consumer
Discretionary
|
Housewares
& Specialties
|
DELETED
|
The
Standard Register
|
Industrials
|
Commercial
Printing
|
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