Press Releases
NEW YORK, Aug. 14, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:
- Eldorado Resorts Inc. (NASD: ERI) will replace VeriFone Systems Inc. (NYSE: PAY) in the S&P MidCap 400 effective prior to the open of trading on Monday, August 20. Francisco Partners is acquiring VeriFone Systems in a deal expected to be completed soon pending final conditions.
- Adient plc (NYSE: ADNT) will replace DCT Industrial Trust Inc. (NYSE: DCT) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, August 22. S&P 500 constituent ProLogis Inc. (NYSE: PLD) is acquiring DCT Industrial Trust in a deal expected to be completed soon pending final conditions.
Eldorado Resorts owns and operates gaming and hospitality facilities. Headquartered in Reno, Nevada, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Casinos & Gaming Sub-Industry index.
Adient designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles and light trucks. Headquartered in Dublin, Ireland, the company will be added to the S&P MidCap 400 GICS Auto Parts & Equipment Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – AUGUST 20, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Eldorado |
Consumer Discretionary |
Casinos & Gaming |
|
DELETED |
VeriFone |
Information Technology |
Electronic Equipment & |
|
S&P MIDCAP 400 INDEX – AUGUST 22, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Adient |
Consumer Discretionary |
Auto Parts & Equipment |
|
DELETED |
DCT Industrial Trust |
Real Estate |
Industrial REIT's |
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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
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