Press Releases
NEW YORK, Feb. 7, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 after the close of trading on Friday, February 10:
Cooper Tire & Rubber Co. (NYSE:CTB) will replace comScore Inc. (NASD:SCOR) in the S&P MidCap 400. NASDAQ announced that comScore will be delisted from its exchange due to non-compliance effective at the close of February 7, and therefore it will no longer be eligible for continued inclusion in the S&P MidCap 400.
Hersha Hospitality Trust (NYSE:HT) will replace WCI Communities Inc. (NYSE:WCIC) in the S&P SmallCap 600. S&P 500 constituent Lennar Corp. (NYSE:LEN) is acquiring WCI Communities in a deal expected to be completed on or about that date, pending final closing conditions.
Cooper Tire & Rubber manufactures and markets replacement tires worldwide. Headquartered in Findlay, OH, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Tires & Rubber Sub-Industry index.
Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of hotels. Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS Hotel & Resort REITs Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – FEBRUARY 10, 2017 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Cooper Tire & |
Consumer Discretionary |
Tire & Rubber |
|
DELETED |
comScore |
Information Technology |
Internet Software & Services |
|
S&P SMALLCAP 600 INDEX – FEBRUARY 10, 2017 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Hersha |
Real Estate |
Hotel & Resort REITs |
|
DELETED |
WCI |
Consumer Discretionary |
Homebuilding |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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FOR MORE INFORMATION:
Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
SOURCE S&P Dow Jones Indices