Press Releases
NEW YORK, April 13, 2017 /PRNewswire/ -- Sabre Corp. (NASD: SABR) will replace B/E Aerospace Inc. (NASD: BEAV) in the S&P MidCap 400, effective prior to the open on Wednesday, April 19. S&P 500 constituent Rockwell Collins Inc. (NYSE: COL) is acquiring B/E Aerospace in a deal expected to close today.
Sabre Corp. provides technology solutions to the travel and tourism industry. Headquartered in Southlake, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.
Following is a summary of the change:
|
S&P MIDCAP 400 INDEX – APRIL 19, 2017 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Sabre |
Information Technology |
Data Processing & Outsourced Services |
|
DELETED |
B/E Aerospace |
Industrials |
Aerospace & Defense |
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