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4-Traders Homepage  >  Equities  >  Nyse  >  Time Warner Cable Inc    

TIME WARNER CABLE INC
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Time Warner Cable : Digital Realty Trust Set to Join the S&P 500

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05/14/2016 | 12:13am CEST

NEW YORK, May 13, 2016 /PRNewswire/ -- Digital Realty Trust Inc. (NYSE: DLR) will replace Time Warner Cable Inc. (NYSE: TWC) in the S&P 500 after the close of trading on Tuesday, May 17. Charter Communications Inc. (NASD: CHTR) is acquiring Time Warner Cable in a deal expected to be completed on or about that date pending final conditions.

Digital Realty Trust, a real estate investment trust (REIT), engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Headquartered in San Francisco, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

Following is a summary of the change:

                            S&P 500 INDEX - MAY 17, 2016
                            ----------------------------

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

      ADDED  Digital Realty Trust                   Financials       Specialized REITs
      -----  --------------------                   ----------       -----------------

     DELETED   Time Warner Cable              Consumer Discretionary Cable & Satellite
     -------   -----------------              ---------------------- -----------------

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"), a division of S&P Global; Dow Jones® and Dow Jones Industrial Average® are registered trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, S&P, Dow Jones and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-realty-trust-set-to-join-the-sp-500-300268640.html

SOURCE S&P Dow Jones Indices


© PRNewswire 2016
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Income Statement Evolution
Sector and Competitors
1st jan.Capitalization (M$)
TIME WARNER CABLE INC0
CHARTER COMMUNICATIONS INC-13.64%69 670
LIBERTY GLOBAL PLC-17.49%22 564
DISH NETWORK CORPORATION-27.10%15 896
LIBERTY BROADBAND CORP-11.06%13 757
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