NEW YORK, Dec. 2, 2016 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600 after the close of trading on
Tuesday, December 6:
- Globus Medical Inc. (NYSE: GMED) will replace Talen Energy
Corp. (NYSE: TLN) in the S&P MidCap 400. Riverstone Holdings
LLC is acquiring Talen Energy in a deal expected to be completed on
or about December 6 pending final
conditions.
- S&P SmallCap 600 constituent UMB Financial Corp. (NASD:
UMBF) will replace Ingram Micro Inc. (NYSE: IM) in the S&P
MidCap 400, and HomeStreet Inc. (NASD: HMST) will replace UMB
Financial in the S&P SmallCap 600. Tianjin Tianhai Investment
Company Ltd is acquiring Ingram Micro in a transaction expected to
be completed on December 5 pending
final conditions.
Globus Medical is a medical device company that focuses on the
design, development, and commercialization of musculoskeletal
implants. Headquartered in Audubon,
PA, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Health Care Equipment
Sub-Industry index.
UMB Financial provides various banking and other financial
products and services. Headquartered in Kansas City, MO, the company will be added to
the S&P MidCap 400 GICS Regional Banks Sub-Industry index.
HomeStreet provides various financial services. Headquartered in
Seattle, WA, the Company will be
added to the S&P SmallCap 600 GICS Thrifts & Mortgage
Finance Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – December 6, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Globus
Medical
|
Health
Care
|
Health Care
Equipment
|
|
UMB
Financial
|
Financials
|
Regional
Banks
|
|
DELETED
|
Talen
Energy
|
Utilities
|
Independent Power
Producers & Energy
|
|
Ingram
Micro
|
Technology
|
Technology
Distributors
|
|
S&P SMALLCAP
600 INDEX – December 6, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
HomeStreet
|
Financials
|
Thrifts &
Mortgage Finance
|
|
DELETED
|
UMB
Financial
|
Financials
|
Regional
Banks
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Luke Shane
Communications Manager
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/globus-medical-and-umb-financial-set-to-join-sp-midcap-400-homestreet-to-join-sp-smallcap-600-300372393.html
SOURCE S&P Dow Jones Indices