Press Releases
NEW YORK, Dec. 1, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 indices after the close of trading on Monday, December 5:
- National Bank Holdings Corp. (NYSE: NBHC) will replace Interactive Intelligence Group Inc. (NASD: ININ) in the S&P SmallCap 600. Genesys is acquiring Interactive Intelligence Group in a deal expected to be completed today.
- New Media Investment Group Inc. (NYSE: NEWM) will replace DTS Inc. (NASD: DTSI) in the S&P SmallCap 600. S&P SmallCap 600 constituent Tessera Technologies Inc. (NASD: TSRA) is acquiring DTS in a deal expected to be completed today.
National Bank Holdings provides various banking products and financial services to commercial and consumer clients. Headquartered in Greenwood Village, CO, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.
New Media Investment Group owns, operates, and invests in local media assets. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 Publishing Sub-Industry index.
Following is a summary of the changes:
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S&P SMALLCAP 600 INDEX – DECEMBER 5, 2016 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
National Bank |
Financials |
Regional Banks |
|
New Media |
Consumer Discretionary |
Publishing |
|
|
DELETED |
Interactive |
Information Technology |
Application Software |
|
DTS |
Information Technology |
Electronic Components |
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Luke Shane
Communications Manager
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
SOURCE S&P Dow Jones Indices