NEW YORK, April 11, 2016 /PRNewswire/ -- S&P SmallCap
600 constituent Prestige Brands Holdings Inc. (NYSE: PBH) will
replace Cleco Corporation. (NYSE: CNL) in the S&P MidCap 400,
and Great Western Bancorp Inc. (NYSE: GWB) will replace Prestige
Brands Holdings in the S&P SmallCap 600 after the close of
trading on Wednesday, April 13.
Macquarie Infrastructure Partners is acquiring Cleco in a deal
expected to be completed on or about that date pending final
conditions.
Prestige Brands Holdings markets, sells, and distributes
over-the-counter (OTC) healthcare and household cleaning products.
Headquartered in Tarrytown, NY,
the company will be added to the S&P MidCap 400 (Global
Industry Classification Standard) Pharmaceuticals Sub-Industry
index.
Great Western Bancorp provides business and agribusiness
banking, retail banking, and wealth management services.
Headquartered in Sioux Falls, SD,
the company will be added to the S&P SmallCap 600 GICS Regional
Banks Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – April 13, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Prestige Brands
Holdings
|
Health
Care
|
Pharmaceuticals
|
|
DELETED
|
Cleco
|
Utilities
|
Electric
Utilities
|
|
S&P SMALLCAP
600 INDEX – April 13, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Great Western
Bancorp
|
Financials
|
Regional
Banks
|
|
DELETED
|
Prestige Brands
Holdings
|
Health
Care
|
Pharmaceuticals
|
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.
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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/prestige-brands-holdings-set-to-join-the-sp-midcap-400-great-western-bancorp-to-join-sp-smallcap-600-300249609.html
SOURCE S&P Dow Jones Indices
