NEW YORK, Sept. 26, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes in the S&P MidCap
400 and S&P SmallCap 600 indices effective prior to the open of
trading on Monday, October 2:
- Six Flags Entertainment Corp. (NYSE: SIX) will replace PAREXEL
International Corp. (NASD: PRXL) in the S&P MidCap 400.
Pamplona Capital Management is acquiring PAREXEL in a deal expected
to be completed soon pending final conditions.
- S&P SmallCap 600 constituent Sterling Bancorp (NYSE: STL)
will replace Oil States International Inc. (NYSE: OIS) in the
S&P MidCap 400, and KEMET Corp. (NYSE: KEM) will replace
Astoria Financial Corp. (NYSE: AF) in the S&P SmallCap 600, and
Oil States will replace Sterling Bancorp in the S&P SmallCap
600. Sterling Bancorp is acquiring Astoria in a deal expected to be completed
soon pending final closing conditions. Post merger, Sterling
Bancorp will be more representative of the mid-cap market space.
Oil States is more representative of the small-cap market
space.
Six Flags owns and operates regional theme and water parks.
Headquartered in Grand Prairie,
TX, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Leisure Facilities
Sub-Industry index.
KEMET manufactures and sells passive electronic components.
Headquartered in Simpsonvile, SC, the company will be added to the
S&P SmallCap 600 Electronic Manufacturing Services GICS
Sub-Industry index.
Sterling Bancorp provides various banking services to
commercial, consumer, and municipal clients. Headquartered in
Montebello, NY, the company will
be added to the S&P MidCap 400 Regional Banks GICS Sub-Industry
index.
Oil States provides specialty products and services to oil and
natural gas companies. Headquartered in Houston, TX, the company will be added to the
S&P SmallCap 600 Oil & Gas Equipment & Services GICS
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – OCTOBER 2, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Six Flags
|
Consumer
Discretionary
|
Leisure
Facilities
|
|
Sterling
Bancorp
|
Financials
|
Regional
Banks
|
DELETED
|
PARAXEL
|
Health
Care
|
Life Sciences Tools
& Services
|
|
Oil States
Int'l
|
Energy
|
Oil & Gas
Equipment & Services
|
S&P SMALLCAP
600 INDEX – OCTOBER 2, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
KEMET
|
Information
Technology
|
Electronic
Manufacturing Services
|
|
Oil States
Int'l
|
Energy
|
Oil & Gas
Equipment & Services
|
DELETED
|
Astoria
|
Financials
|
Thrifts &
Mortgage Finance
|
|
Sterling
Bancorp
|
Financials
|
Regional
Banks
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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FOR MORE INFORMATION:
S&P Dow Jones
Indices
index_services@spglobal.com
David Blitzer
Managing
Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
Luke Shane
North
America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
Haw-Yan Man
EMEA
Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com
Cecilia Ho
Asia Pacific
Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com
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