Cooper -Standard Holdings Set to Join the S&P SmallCap 600
PR Newswire
NEW YORK

NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Cooper-Standard Holdings (NYSE: CPS) will replace QLogic Corp. (NASD: QLGC) in the S&P SmallCap 600 after the close of trading on Wednesday, August 10. Cavium Inc. (NASD: CAVM) is acquiring QLogic Corp. in a deal expected to be completed soon pending final approvals.

Cooper-Standard Holdings designs, manufactures, and sells sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems. Headquartered in Novi, MI, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Auto Parts & Equipment Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – AUGUST 10, 2016

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cooper-
Standard

Consumer Discretionary

Auto Parts & Equipment

DELETED

QLogic

Information Technology

Electronic Manufacturing
Services

 

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Index Committee, New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com,

Soogyung Jordan
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New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

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