NEW YORK, Sept. 27, 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 Friday, September
30:
- Coty Inc. (NYSE: COTY) will replace Diamond Offshore Drilling
Inc. (NYSE: DO) in the S&P 500, and Diamond Offshore Drilling
will replace Polycom Inc. (NASD: PLCM) in the S&P MidCap 400.
Siris Capital Group acquired Polycom in a deal completed today.
Diamond Offshore Drilling is ranked at the bottom of the S&P
500 and has a market capitalization more representative of the
mid-cap market space.
- Tile Shop Holdings Inc. (NASD: TTS) will replace Epiq Systems
Inc. (NASD: EPIQ) in the S&P SmallCap 600. Omers Private Equity
is acquiring Epiq in a deal expected to be completed soon pending
final conditions.
Coty manufactures, markets, and distributes beauty products.
Headquartered in New York, NY, the
company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Personal Products Sub-Industry index.
Diamond Offshore Drilling provides contract drilling services to
the energy industry. Headquartered in Houston, TX, the company will be added to the
S&P MidCap 400 GICS Oil & Gas Drilling Sub-Industry
index.
Tile Shop Holdings operates as a specialty retailer of
manufactured and natural stone tiles, setting and maintenance
materials. Headquartered in Plymouth,
MN, the Company will be added to the S&P SmallCap 600
GICS Home Improvement Retail Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Coty
|
Consumer
Staples
|
Personal
Products
|
|
DELETED
|
Diamond Offshore
Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
S&P MIDCAP 400
INDEX – September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Diamond Offshore
Drilling
|
Energy
|
Oil & Gas
Drilling
|
|
DELETED
|
Polycom
|
Information
Technology
|
Communications
Equipment
|
|
S&P SMALLCAP
600 INDEX – September 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Tile Shop
Holdings
|
Consumer
Discretionary
|
Home Improvement
Retail
|
|
DELETED
|
Epiq
Systems
|
Information
Technology
|
Application
Software
|
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
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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.
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
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/coty-set-to-join-the-sp-500-diamond-offshore-drilling-to-join-sp-midcap-400-tile-shop-to-join-sp-smallcap-600-300335236.html
SOURCE S&P Dow Jones Indices
