Press Releases
NEW YORK, March 29, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
- S&P MidCap 400 constituent Gartner Inc. (NYSE: IT) will replace The Dun & Bradstreet Corp. (NYSE: DNB) in the S&P 500, Dun & Bradstreet will replace Gartner in the S&P MidCap 400, and INC Research Holdings Inc. (NASD: INCR) will replace CEB Inc. (NYSE: CEB) in the S&P MidCap 400 effective prior to the open on Wednesday, April 5. Gartner is acquiring CEB in a deal expected to be completed on or about that date pending final conditions. Post-merger, Gartner will be more representative of the large-cap market space. Dun & Bradstreet has a market capitalization more representative of the mid-cap market space.
- S&P SmallCap 600 constituent Wintrust Financial Corp. (NASD: WTFC) will replace Mentor Graphics Inc. (NASD: MENT) in the S&P MidCap 400, and Heska Corp. (NASD: HSKA) will replace Wintrust Financial in the SmallCap 600 prior to the open on Monday, April 3. Siemens Industry Inc. is acquiring Mentor Graphics in a deal expected to be completed soon.
Gartner is an information technology research and advisory company that provides independent research and analysis on information technology, supply chain, and digital marketing initiatives. Headquartered in Stamford, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) IT Consulting & Other Services Sub-Industry index.
The Dun & Bradstreet provides commercial data, analytics, and insights on businesses. Headquartered in Short Hills, NJ, the company will be added to the S&P MidCap 400 GICS Research & Consulting Services Sub-Industry index.
INC Research Holdings provides various clinical development services for the biopharmaceutical and medical device industries. Headquartered in Raleigh, NC, the company will be added to the S&P MidCap 400 GICS Life Sciences Tools & Services Sub-Industry index.
Wintrust Financial provides banking and other financial products and services. Headquartered in Rosemont, IL, the company will be added to the S&P MidCap 400 GICS Regional Banks Sub-Industry index.
Heska develops, manufactures, and markets advanced veterinary diagnostic and specialty products for canine and feline healthcare markets. Headquartered in Loveland, CO, 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 – APRIL 3, 2017 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Wintrust |
Financials |
Regional Banks |
DELETED |
Mentor Graphics |
Information Technology |
Application Software |
S&P SMALLCAP 600 INDEX – APRIL 3, 2017 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Heska |
Health Care |
Pharmaceuticals |
DELETED |
Wintrust |
Financials |
Regional Banks |
S&P 500 INDEX – APRIL 5, 2017 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Gartner |
Information Technology |
IT Consulting & Other |
DELETED |
Dun & |
Industrials |
Research & Consulting |
S&P MIDCAP 400 INDEX – APRIL 5, 2017 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Dun & |
Industrials |
Research & Consulting |
INC Research |
Health Care |
Life Sciences Tools & | |
DELETED |
Gartner |
Information Technology |
IT Consulting & Other |
CEB |
Industrials |
Research & Consulting |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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:
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
SOURCE S&P Dow Jones Indices