NEW YORK, Sept. 19, 2016 /PRNewswire/ -- S&P SmallCap 600 constituent Cirrus Logic Inc. (NASD: CRUS) will replace Fairchild Semiconductor International Inc. (NASD: FCS) in the S&P MidCap 400, and  Amphastar Pharmaceuticals Inc. (NASD: AMPH) will replace Cirrus Logic in the S&P SmallCap 600 after the close of trading on Wednesday, September 21. ON Semiconductor Corp. (NASD: ON) is acquiring Fairchild Semiconductor in a deal completed today.

Cirrus Logic, a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits. Headquartered in Austin, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductors Sub-Industry index.

Amphastar Pharmaceuticals, a specialty pharmaceutical company, focuses on the development, manufacture, marketing, and sale of generic and proprietary injectable, inhalation, and intranasal products. Headquartered in Rancho Cucamonga, CA, 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 – SEPTEMBER 21, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cirrus Logic

Information Technology

Semiconductors

DELETED

Fairchild Semiconductor

Information Technology

Semiconductors

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 21, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Amphastar Pharmaceuticals

Health Care

Pharmaceuticals

DELETED

Cirrus Logic

Information Technology

Semiconductors

 

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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@spdji.com

Soogyung Jordan
Global Head of Communications 
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

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SOURCE S&P Dow Jones Indices

Copyright 2016 PR Newswire

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