Press Releases
NEW YORK, Dec. 28, 2017 /PRNewswire/ -- S&P MidCap 400 constituent Huntington Ingalls Industries Inc. (NYSE: HII) will replace C. R. Bard Inc. (NYSE: BCR) in the S&P 500, S&P SmallCap 600 constituent Scientific Games Corp. (NASD: SGMS) will replace Huntington Ingalls Industries in the S&P MidCap 400, and Ultra Clean Holdings Inc. (NASD: UCTT) will replace Scientific Games in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, January 3, 2018. S&P 500 constituent Becton, Dickinson and Co. (NYSE: BDX) is acquiring C.R. Bard in a deal expected to be completed on or about December 29.
Huntington Ingalls Industries engages in designing, building, overhauling, and repairing ships. Headquartered in Newport News, VA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Aerospace & Defense Sub-Industry index.
Scientific Games develops technology-based products and services, and associated content for the gaming, lottery, and interactive gaming industries. Headquartered in Las Vegas, NV, the company will be added to the S&P MidCap 400 GICS Casinos & Gaming Sub-Industry index.
Ultra Clean Holdings designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor capital equipment and equipment industry. Headquartered in Hayward, CA, the company will be added to the S&P SmallCap 600 GICS Semiconductor Equipment Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX – JANUARY 3, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Huntington Ingalls Industries |
Industrials |
Aerospace & Defense |
|
DELETED |
C.R. Bard |
Health Care |
Health Care Equipment |
|
S&P MIDCAP 400 INDEX – JANUARY 3, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Scientific Games |
Consumer Discretionary |
Casinos & Gaming |
|
DELETED |
Huntington Ingalls Industries |
Industrials |
Aerospace & Defense |
|
S&P SMALLCAP 600 INDEX – JANUARY 3, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Ultra Clean Holdings |
Information Technology |
Semiconductor Equipment |
|
DELETED |
Scientific Games |
Consumer Discretionary |
Casinos & Gaming |
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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji_communications@spglobal.com
SOURCE S&P Dow Jones Indices