NEW YORK, March 13, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P 500 constituents Celgene Corp. (NASD:CELG), Kinder Morgan Inc. (NYSE:KMI) and Actavis plc (NYSE:ACT) will replace S&P 500 constituents Freeport-McMoRan Inc. (NYSE:FCX), National Oilwell Varco Inc. (NYSE:NOV) and Apache Corp. (NYSE:APA) in the S&P 100 after the close of trading on Friday, March 20. All companies being removed from the S&P 100 will remain in the S&P 500. All companies being added to the S&P 100 are more representative of the U.S. mega-cap equity space.
   
• Three S&P 500 constituents will switch places with 3 S&P MidCap 400 constituents after the close of trading on Friday, March 20. These transfers will make each index more representative of its market capitalization range; the companies moving to the S&P 500 have a market cap above $12 billion, and the companies moving to the S&P MidCap 400 have market caps between $2.5 billion and $5 billion. The transfers will be as follows:
  
  S&P MidCap 400 constituent Equinix Inc. (NASD:EQIX) will replace Denbury Resources Inc. (NYSE:DNR) in the S&P 500, and Denbury Resources will replace Equinix in the S&P MidCap 400. 
  
  S&P MidCap 400 constituent SL Green Realty Corp. (NYSE:SLG) will replace Nabors Industries Ltd. (NYSE:NBR) in the S&P 500, and Nabors Industries will replace SL Green Realty in the S&P MidCap 400. 
  
  S&P MidCap 400 constituent Hanesbrands Inc. (NYSE:HBI) will replace Avon Products Inc. (NYSE:AVP) in the S&P 500, and Avon Products will replace Hanesbrands in the S&P MidCap 400.
   
• S&P MidCap 400 constituent Henry Schein Inc. (NASD:HSIC) will replace Carefusion Corp. (NYSE:CFN) in the S&P 500, S&P SmallCap 600 constituent Buffalo Wild Wings Inc. (NASD:BWLD) will replace Henry Schein in the S&P MidCap 400, and Talmer Bancorp Inc. (NASD:TLMR) will replace Buffalo Wild Wings in the S&P SmallCap 600 after the close of trading on Tuesday, March 17. S&P 500 constituent Becton, Dickinson and Company (NYSE:BDX) is acquiring Carefusion in a deal expected to be completed on or about that date, pending final approvals.

Celgene is a biopharmaceutical company headquartered in Summit, NJ.

Kinder Morgan is an energy infrastructure company headquartered in Houston, TX.

Actavis is a specialty pharmaceutical company headquartered in Dublin, Ireland.

Equinix is an interconnection and data center company. Headquartered in Redwood City, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index.

Denbury Resources operates as an independent oil and natural gas company. Headquartered in Plano, TX, the company will be added to the S&P MidCap 400 GICS Oil & Gas Exploration & Production Sub-Industry index.

S L Green Realty is a real estate investment trust (REIT) engaged in the property management, acquisition, financing, development, construction, and leasing of commercial office and retail properties. Headquartered in New York, NY, the company will be added to the S&P 500 GICS Office REITs Sub-Industry index.

Nabors Industries provides drilling and rig services, and completion and production services.  Headquartered in Hamilton, Bermuda, the company will be added to the S&P MidCap 400 Oil & Gas Drilling Sub-Industry index.

Hanesbrands designs, manufactures, sources, and sells a range of basic apparels.  Headquartered in Winston-Salem, NC, the company will be added to the S&P 500 Apparel, Accessories & Luxury Goods Sub-Industry index.

Avon Products manufactures and markets beauty and related products.  Headquartered in New York, NY, the company will be added to the S&P MidCap 400 Personal Products Sub-Industry index.

Henry Schein provides health care products and services.  Headquartered in Melville, NY, the company will be added to the S&P 500 Health Care Distributors Sub-Industry index.

Buffalo Wild Wings owns, operates, and franchises restaurants.  Headquartered in Minneapolis, MN, the company will be added to the S&P MidCap 400 Restaurants Sub-Industry index.

Talmer Bancorp provides various commercial and retail banking products and services.  Headquartered in Troy, MI, the company will be added to the S&P SmallCap 600 Regional Banks Sub-Industry index.

Following is a summary of the changes:

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.

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.  

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For more information: 
David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com 

SOURCE S&P Dow Jones Indices