NEW YORK, Nov. 23, 2015 /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:
- CSRA Inc. (NYSE: CSRA) will be added to the S&P 500 after
the close of trading on Friday, November
27, replacing Computer Sciences Corp. (NYSE: CSC), which
will be removed from the S&P 500 after the close of trading on
Monday, November 30. CSRA will be
added to the S&P 500 on a zero price basis reflecting its
spin-off from Computer Sciences. Following the spin-off, the
Computer Sciences stub will replace Apollo Education Group Inc.
(NASD: APOL) in the S&P MidCap 400. Computer Sciences' post
spin market capitalization will be more representative of the
mid-cap market space. Apollo Education is ranked at the bottom of
the S&P MidCap 400.
- Phibro Animal Health Corp. (NASD: PAHC) will replace Pericom
Semiconductor Corp. (NASD: PSEM) in the S&P SmallCap 600 after
the close of trading on Wednesday, November
25. S&P SmallCap 600 constituent Diodes Inc. (NASD:
DIOD) is acquiring Pericom Semiconductor in a deal expected to be
completed soon pending final conditions.
CSRA provides information technology services to the U.S.
federal government. Headquartered in Falls Church, VA, the company will be added to
the S&P 500 GICS (Global Industry Classification Standard) Data
Processing & Outsourced Services Sub-Industry index for one day
before switching to IT Consulting & Outsourced Services
Sub-Industry.
Computer Sciences provides information technology and
professional services and solutions. Headquartered in Falls Church, VA, the company will be added to
the S&P MidCap 400 IT Consulting & Outsourced Services
Sub-Industry index.
Phibro Animal Health operates as a diversified animal health and
mineral nutrition company. Headquartered in Teaneck, NJ, 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 SMALLCAP
600 INDEX – November 25, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Phibro Animal
Health
|
Health
Care
|
Pharmaceuticals
|
DELETED
|
Pericom
Semiconductor
|
Information
Technology
|
Semiconductors
|
S&P 500 INDEX
– November 27, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
CSRA
|
Information
Technology
|
Data Processing &
Outsourced Services
|
S&P 500 INDEX
– November 30, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
DELETED
|
Computer
Sciences
|
Information
Technology
|
Data Processing &
Outsourced Services
|
S&P MIDCAP 400
INDEX – November 30, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Computer
Sciences
|
Information
Technology
|
IT Consulting &
Outsourced Services
|
DELETED
|
Apollo Education
Group
|
Consumer
Discretionary
|
Education
Services
|
Additions to and deletions from S&P Dow Jones Indices do not
in any way reflect an opinion on the investment merits of the
companies involved.
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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