Foot Locker Set to Join the S&P 500; DCT Industrial Trust to Join S&P MidCap 400
PR Newswire
NEW YORK

NEW YORK, March 28, 2016 /PRNewswire/ -- S&P MidCap 400 constituent Foot Locker Inc. (NYSE:FL) will replace Cameron International Corp. (NYSE:CAM) in the S&P 500, and DCT Industrial Trust Inc. (NYSE: DCT) will replace Foot Locker in the S&P MidCap 400 after the close of trading on Friday, April 1. S&P 100 & 500 constituent Schlumberger Ltd (NYSE:SLB) is acquiring Cameron International in a deal expected to be completed on or about that date pending final conditions.

Foot Locker operates as an athletic shoes and apparel retailer. Headquartered in New York, NY, the company will be added to the S&P 500 (Global Industry Classification Standard) Apparel Retail Sub-Industry index.

DCT Industrial Trust, a real estate investment trust (REIT), specializes in the acquisition, development, leasing and management of bulk distribution and light industrial properties. Headquartered in Denver, CO, the company will be added to the S&P MidCap 400 GICS Industrial REITs Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX –  April 1, 2016

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Foot Locker

Consumer Discretionary

Apparel Retail

DELETED

Cameron
International

Energy

Oil & Gas Equipment &
Services

 

S&P MIDCAP 400 INDEX – April 1, 2016

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

DCT Industrial Trust

Financials

Industrial REITs

DELETED

Foot Locker

Consumer Discretionary

Apparel Retail

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.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, 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 Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset 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.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

SOURCE S&P Dow Jones Indices