Kraft Heinz Set to Join S&P 100; Charter Communications to Join S&P 500
PR Newswire
NEW YORK

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             Consumer Staples      Packaged Foods & Meats
                Company
    ---         -------

    DELETED       EMC                Information Technology    Technology Hardware,
                                                               Storage & Peripherals
    ---                                                        ---------------------

 

                               S&P 500 INDEX - SEPTEMBER 7, 2016
                               ---------------------------------

                   COMPANY                    GICS ECONOMIC SECTOR    GICS SUB-INDUSTRY
                   -------                    --------------------    -----------------

         ADDED     Charter                   Consumer Discretionary   Cable & Satellite
                Communications
    ---         --------------

        DELETED      EMC                     Information Technology Technology Hardware,
                                                                    Storage & Peripherals
    ---                                                             ---------------------

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

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

 

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SOURCE: S&P Dow Jones Indices