NEW YORK, Aug. 31, 2016 /PRNewswire/ -- S&P 500
constituent The Kraft Heinz Company (NASD: KHC) will replace EMC
Corp. (NYSE: EMC) in the S&P 100, and Charter Communications
Inc. (NASD: CHTR) will replace EMC in the S&P 500 after the
close of trading on Wednesday, September
7. Privately held Dell Corp. is acquiring EMC in a
deal expected to be completed on or about that date, pending final
conditions.
The Kraft Heinz Company, headquartered in Pittsburgh, PA, manufactures and markets food
and beverage products.
Charter Communications provides cable services. Headquartered in
Stamford, CT, the company will be
added to the S&P 500 GICS (Global Industry Classification
Standard) Cable & Satellite Sub-Industry index.
Following is a summary of the changes:
|
S&P 100 INDEX
– SEPTEMBER 7, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
The Kraft Heinz
Company
|
Consumer
Staples
|
Packaged Foods &
Meats
|
|
DELETED
|
EMC
|
Information
Technology
|
Technology
Hardware,
Storage & Peripherals
|
|
S&P 500 INDEX
– SEPTEMBER 7, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Charter
Communications
|
Consumer
Discretionary
|
Cable &
Satellite
|
|
DELETED
|
EMC
|
Information
Technology
|
Technology
Hardware,
Storage & Peripherals
|
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SOURCE S&P Dow Jones Indices