THERMO FISHER SCIENTIFIC NEW YORK, Sept. 20, 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 effective after the close of trading on Thursday, September 22:
-- S&P MidCap 400 constituent The Cooper Companies Inc. (NYSE: COO) will
replace Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) in the S&P
500, S&P SmallCap 600 constituent Northwestern Corp. (NYSE: NWE) will
replace Cooper Companies in the S&P MidCap 400, and SPS Commerce Inc.
(NASD: SPSC) will replace Northwestern in the S&P SmallCap 600. S&P 500
constituent Marriott International Inc. (NASD: MAR) is acquiring
Starwood Hotels & Resorts Worldwide in a deal expected to be completed
soon pending final conditions.
-- S&P SmallCap 600 constituent NuVasive Inc. (NASD: NUVA) will replace FEI
Co. (NASD: FEIC) in the S&P MidCap 400, and Fox Factory Holding Corp.
(NASD: FOXF) will replace NuVasive in the S&P SmallCap 600. S&P 500
constituent Thermo Fisher Scientific Inc. (NYSE: TMO) acquired FEI in a
deal completed today.
The Cooper Companies operates as a medical device company. Headquartered in Pleasanton, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Supplies Sub-Industry index.
Northwestern provides electricity and natural gas. Headquartered in Sioux Falls, SD, the company will be added to the S&P MidCap 400 GICS Multi-Utilities Sub-Industry index.
SPS Commerce provides cloud-based supply chain management solutions. Headquartered in Minneapolis, MN, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.
NuVasive develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery. Headquartered in San Diego, CA, the Company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.
Fox Factory Holdings designs, engineers, manufactures, and markets ride dynamics products. Headquartered in Scotts Valley, CA, the Company will be added to the S&P SmallCap 600 GICS Auto Parts & Equipment Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX - September 22, 2016
----------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED The Cooper Companies Health Care Health Care Supplies
----- -------------------- ----------- --------------------
DELETED Starwood Hotels & Resorts Consumer Discretionary Hotels, Resorts & Cruise
Worldwide Lines
------- ------------------------- ---------------------- ------------------------
S&P MIDCAP 400 INDEX - September 22, 2016
-----------------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED Northwestern Utilities Multi-Utilities
----- ------------ --------- ---------------
NuVasive Health Care Health Care Equipment
-------- ----------- ---------------------
DELETED The Cooper Companies Health Care Health Care Supplies
------- -------------------- ----------- --------------------
FEI Information Technology Electronic Equipment &
Instruments
--- ---------------------- ----------------------
S&P SMALLCAP 600 INDEX - September 22, 2016
-------------------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED SPS Commerce Information Technology Internet Software &
Services
----- ------------ ---------------------- -------------------
Fox Factory Holdings Consumer Discretionary Auto Parts & Equipment
-------------------- ---------------------- ----------------------
DELETED Northwestern Utilities Multi-Utilities
------- ------------ --------- ---------------
NuVasive Health Care Health Care Equipment
-------- ----------- ---------------------
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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