Press Releases
NEW YORK, Aug. 1, 2012 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
- Jarden Corp. (NYSE:JAH) will replace Lincare Holdings Inc. (NASD:LNCR) in the S&P MidCap 400 index after the close of trading on Tuesday, August 7. Linde AG is acquiring Lincare in a deal expected to be completed soon pending final conditions.
- Dice Holdings, Inc. (NYSE:DHX) will replace Standard Microsystems Corp. (NASD:SMSC) in the S&P SmallCap 600 index after the close of trading on Friday, August 3. Standard Microsystems is being acquired by S&P 500 constituent Microchip Technology Inc. (NASD:MCHP) in a deal expected to be completed on August 2.
Jarden manufactures, sources, and sells consumer products. Headquartered in Rye, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Housewares & Specialties Sub-Industry index.
Dice Holdings is a provider of specialized career websites. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX – August 3, 2012 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Dice Holdings |
Information Technology |
Internet Software & Services |
DELETED |
Standard Microsystems |
Information Technology |
Semiconductors |
S&P MIDCAP 400 INDEX – August 7, 2012 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Jarden |
Consumer Discretionary |
Housewares & Specialties |
DELETED |
Lincare Holdings |
Health Care |
Health Care Services |
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies 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 AverageSM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets 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.
It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones Indices index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's Financial Services LLC. "Dow Jones" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").
For more information:
Dave Guarino
Communications
S&P Dow Jones Indices
dave_guarino@spdji.com
212-438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david_blitzer@spdji.com
212-438-3907
SOURCE S&P Dow Jones Indices