MCGRAW HILL FINANCIAL INC NEW YORK, April 26, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
-- S&P MidCap 400 constituent Acuity Brands, Inc. (NYSE: AYI) will replace
The ADT Corp. (NYSE: ADT) in the S&P 500, S&P SmallCap 600 constituent
ViaSat Inc. (NASD: VSAT) will replace Acuity Brands in the S&P MidCap
400, and Multi-Color Corp. (NASD: LABL) will replace ViaSat in the S&P
SmallCap 600 after the close of trading on Monday, May 2. Apollo Global
Management, LLC is acquiring The ADT Corp in a deal expected to be
completed on or about that date pending final approvals.
-- Opus Bank (NASD: OPB) will replace Newport Corp. (NASD: NEWP) in the S&P
SmallCap 600 after the close of trading on Friday, April 29. MKS
Instruments, Inc. (NASD: MKSI) is acquiring Newport Corp in a deal to be
completed on or about that date pending final approvals.
Acuity Brands designs, produces, and distributes various lighting solutions and services for commercial, institutional, industrial, infrastructure, and residential applications. Headquartered in Atlanta, GA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Electrical Components & Equipment Sub-Industry index.
ViaSat provides satellite and wireless networking applications; and secure networking systems, products, and services. Headquartered in Carlsbad, CA, the company will be added to the S&P MidCap 400 GICS Communications Equipment Sub-Industry index.
Multi-Color provides various label solutions. Headquartered in Batavia, OH, the company will be added to the S&P SmallCap 600 GICS Commercial Printing Sub-Industry index.
Opus Bank provides various banking products, services, and solutions for small to mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. Headquartered in Irvine, 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 SMALLCAP 600 INDEX - April 29, 2016
---------------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED Opus Bank Financials Regional Banks
----- --------- ---------- --------------
DELETED Newport Information Technology Electronic Equipment &
Instruments
------- ------- ---------------------- ----------------------
S&P 500 INDEX - May 2, 2016
---------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED Acuity Brands Industrials Electrical Components &
Equipment
----- ------------- ----------- ------------------------
DELETED ADT Corp Industrials Security & Alarm Service
------- -------- ----------- ------------------------
S&P MIDCAP 400 INDEX - May 2, 2016
----------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED ViaSat Information Technology Communications Equipment
----- ------ ---------------------- ------------------------
DELETED Acuity Brands Industrials Electrical Components & Equipment
------- ------------- ----------- ---------------------------------
S&P SMALLCAP 600 INDEX - May 2, 2016
------------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED Multi-Color Industrials Commercial Printing
----- ----------- ----------- -------------------
DELETED ViaSat Information Technology Communications Equipment
------- ------ ---------------------- ------------------------
Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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New York, USA
(+1) 212 438 3907
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Head of Communications
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(+1) 212 438 2297
soogyung.jordan@spdji.com
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