Press Releases
NEW YORK, Sept. 19, 2016 /PRNewswire/ -- S&P SmallCap 600 constituent Cirrus Logic Inc. (NASD: CRUS) will replace Fairchild Semiconductor International Inc. (NASD: FCS) in the S&P MidCap 400, and Amphastar Pharmaceuticals Inc. (NASD: AMPH) will replace Cirrus Logic in the S&P SmallCap 600 after the close of trading on Wednesday, September 21. ON Semiconductor Corp. (NASD: ON) is acquiring Fairchild Semiconductor in a deal completed today.
Cirrus Logic, a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits. Headquartered in Austin, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductors Sub-Industry index.
Amphastar Pharmaceuticals, a specialty pharmaceutical company, focuses on the development, manufacture, marketing, and sale of generic and proprietary injectable, inhalation, and intranasal products. Headquartered in Rancho Cucamonga, CA, the company will be added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry index
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – SEPTEMBER 21, 2016 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Cirrus Logic |
Information Technology |
Semiconductors |
|
DELETED |
Fairchild Semiconductor |
Information Technology |
Semiconductors |
|
S&P SMALLCAP 600 INDEX – SEPTEMBER 21, 2016 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Amphastar Pharmaceuticals |
Health Care |
Pharmaceuticals |
|
DELETED |
Cirrus Logic |
Information Technology |
Semiconductors |
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