Press Releases
NEW YORK, Feb. 15, 2017 /PRNewswire/ -- Effective with this press release, S&P Dow Jones Indices will now reference index changes using an "effective at the open" date rather than an "after the close of trading" date which is current practice.
Progenics Pharmaceuticals Inc. (NASD: PGNX) will replace Calamos Asset Management Inc. (NASD: CLMS) in the S&P SmallCap 600 effective at the open of Tuesday, February 21. Calamos Asset Management is being taken private in a transaction expected to be completed soon pending final conditions.
Shutterfly Inc. (NASD: SFLY) will replace Vascular Solutions Inc. (NASD: VASC) in the S&P SmallCap 600 effective at the open of Tuesday, February 21. S&P MidCap 400 constituent Teleflex Inc. (NYSE:TFX) is acquiring Vascular Solutions in a transaction expected to be completed soon pending final conditions.
Progenics Pharmaceuticals develops medicines for oncology. Headquartered in Tarrytown, NY, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Biotechnology Sub-Industry index.
Shutterfly manufactures and retails personalized products and services. Headquartered in Redwood City, CA, the company will be added to the S&P SmallCap 600 GICS Internet & Direct Marketing Retail Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP 600 INDEX – FEBRUARY 21, 2017 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Progenics |
Health Care |
Biotechnology |
|
Shutterfly |
Consumer Discretionary |
Internet & Direct | |
|
DELETED |
Calamos Asset |
Financials |
Asset Management & |
|
Vascular |
Health Care |
Health Care Supplies | |
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FOR MORE INFORMATION:
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
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