NEW YORK, April 26, 2013 /PRNewswire/ -- Taylor Capital
Group Inc. (NASD: TAYC) will replace K-Swiss Inc. (NASD: KSWS)
after the close of trading on Tuesday, April
30. E-Land World Limited is acquiring K-Swiss in a deal
expected to be completed on or about that date pending final
approvals.
Taylor Capital Group offers commercial banking products and
services. Headquartered in Rosemont,
IL, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Regional Banks
Sub-Industry index.
Following is a summary of the change:
S&P
SMALLCAP 600 INDEX – April 30, 2013
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Taylor
Capital Group
|
Financials
|
Regional
Banks
|
DELETED
|
K-Swiss
|
Consumer
Discretionary
|
Footwear
|
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The
McGraw-Hill Companies is the world's largest, global resource for
index-based concepts, data and research. Home to iconic financial
market indicators, such as the S&P 500® and the Dow
Jones Industrial AverageSM, S&P Dow Jones Indices
LLC has over 115 years of experience constructing innovative and
transparent solutions that fulfill the needs of institutional and
retail investors. More assets are invested in products based upon
our indices than any other provider in the world. With over 830,000
indices covering a wide range of assets classes across the globe,
S&P Dow Jones Indices LLC defines the way investors measure and
trade the markets. To learn more about our company, please visit
www.spdji.com.
It is not possible to invest directly in an index. S&P
Dow Jones Indices LLC, Dow Jones, and their respective affiliates,
parents, subsidiaries, directors, officers, shareholders, employees
and agents (collectively "S&P Dow Jones Indices") does not
sponsor, endorse, sell, or promote any investment fund or other
vehicle that is offered by third parties and that seeks to provide
an investment return based on the returns of any S&P Dow Jones
Indices index. This document does not constitute an offer of
services in jurisdictions where S&P Dow Jones Indices or its
affiliates do not have the necessary licenses. S&P Dow Jones
Indices receives compensation in connection with licensing its
indices to third parties.
STANDARD & POOR'S and S&P are registered trademarks of
Standard & Poor's Financial Services LLC. "Dow Jones" is
a registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones")
For more information:
Dave Guarino
Communications
S&P Dow Jones Indices
dave_guarino@spdji.com
(212) 438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david_blitzer@spdji.com
(212) 438-3907
SOURCE S&P Dow Jones Indices