NEW YORK, Aug. 22, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:




    --  Chemical Financial Corp. (NASD: CHFC) will replace Supervalu Inc. (NYSE:
        SVU) in the S&P MidCap 400, and Supervalu will replace Talmer Bancorp
        Inc. (NASD: TLMR) in the S&P SmallCap 600 after the close of trading on
        Wednesday, August 31. Chemical Financial is acquiring Talmer in a deal
        expected to be completed on or about that date pending final approvals.
        Supervalu has a market capitalization more representative of the
        small-cap market space.


    --  Shoe Carnival Inc. (NASD: SCVL) will replace Sagent Pharmaceuticals Inc.
        (NASD: SGNT) in the S&P SmallCap 600 after the close of trading on
        Friday, August 26. Nichi-Iko Pharmaceutical Co. is acquiring Sagent in a
        deal expected to be completed soon pending final conditions.
    --  Eagle Pharmaceuticals Inc. (NASD: EGRX) will replace Cash America
        International Inc. (NYSE: CSH) in the S&P SmallCap 600 after the close
        of trading on Thursday, September 1. S&P SmallCap 600 constituent First
        Cash Financial Services Inc. (NASD: FCFS) is acquiring Cash America in a
        deal expected to be completed on or about that date pending final
        approvals. Post merger, the combined company will be named FirstCash
        Inc.

Chemical Financial offers banking and fiduciary products and services. Headquartered in Midland, MI, the Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Supervalu operates as a grocery wholesaler and retailer. Headquartered in Eden Prairie, MN, the Company will be added to the S&P SmallCap 600 GICS Food Retail Sub-Industry index.

Shoe Carnival operates as family footwear retailer. Headquartered in Evansville, IN, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

Eagle Pharmaceuticals focuses on developing and commercializing injectable products primarily in the critical care and oncology areas. Headquartered in Woodcliff Lake, NJ, the Company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.

Following is a summary of the changes:



                           S&P SMALLCAP 600 INDEX - AUGUST 26, 2016
                           ----------------------------------------

                    COMPANY                          GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
                    -------                          --------------------  -----------------

         ADDED   Shoe Carnival                      Consumer Discretionary   Apparel Retail
         -----   -------------                      ----------------------   --------------

        DELETED      Sagent                              Health Care        Pharmaceuticals
                Pharmaceuticals
    ---         ---------------



                S&P MIDCAP 400 INDEX - AUGUST 31, 2016
                --------------------------------------

                 COMPANY                 GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
                 -------                 -------------------- -----------------

         ADDED  Chemical                      Financials        Regional Banks
                Financial
    ---         ---------

        DELETED SuperValu                  Consumer Staples      Food Retail
        ------- ---------                  ----------------      -----------



               S&P SMALLCAP 600 INDEX - AUGUST 31, 2016
               ----------------------------------------

                 COMPANY                 GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
                 -------                 -------------------- -----------------

      ADDED     SuperValu                  Consumer Staples      Food Retail
      -----     ---------                  ----------------      -----------

     DELETED Talmer Bancorp                   Financials        Regional Banks
     ------- --------------                   ----------        --------------



                      S&P SMALLCAP 600 INDEX - SEPTEMBER 1, 2016
                      ------------------------------------------

                    COMPANY                       GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
                    -------                       -------------------- -----------------

         ADDED       Eagle                             Health Care       Biotechnology
                Pharmaceuticals
    ---         ---------------

        DELETED   Cash America                         Financials       Consumer Finance
        -------   ------------                         ----------       ----------------

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

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

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SOURCE S&P Dow Jones Indices