NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Lamb Weston
Holdings Inc. (NYSE: LW) will replace Ascena Retail Group Inc.
(NASD:ASNA) in the S&P Midcap 400, and Ascena Retail Group will
replace Intrepid Potash Inc. (NYSE:IPI) in the S&P SmallCap 600
after the close of trading on Thursday,
November 10. S&P 500 constituent ConAgra Foods Inc.
(NYSE:CAG) is spinning off Lamb Weston Holdings in a deal expected
to be completed on or about that date pending final approvals.
Intrepid Potash is ranked last in the S&P SmallCap 600.
Lamb Weston Holdings produces and markets frozen potatoes.
Headquartered in Chicago, IL, the
company will be added to the S&P Midcap 400 GICS (Global
Industry Classification Standard) Packaged Foods & Meats
Sub-Industry index.
Ascena Retail Group operates as a specialty retailer of apparel,
shoes and accessories. Headquartered in Mahwah, NJ, the company will be added to the
S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – NOVEMBER 10, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Lamb Weston
Holdings
|
Consumer
Staples
|
Packaged Foods &
Meat
|
DELETED
|
Ascena Retail
Group
|
Consumer
Discretionary
|
Apparel
Retail
|
S&P SMALLCAP
600 INDEX – NOVEMBER 10, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Ascena Retail
Group
|
Consumer
Discretionary
|
Apparel
Retail
|
DELETED
|
Intrepid
Potash
|
Materials
|
Fertilizers &
Agricultural Chemicals
|
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visit www.spdji.com
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SOURCE S&P Dow Jones Indices