NEW YORK, April 7, 2016 /PRNewswire/ -- Ulta Salon,
Cosmetics & Fragrance Inc. (NASD:ULTA) will replace Tenet
Healthcare Corp. (NYSE:THC) in the S&P 500, and Tenet
Healthcare will replace Jarden Corp. (NYSE:JAH) in the S&P
MidCap 400 after the close of trading on Friday, April 15. S&P 500
constituent Newell Rubbermaid Inc. (NYSE:NWL) is acquiring
Jarden in a deal expected to be completed on or about that date
pending final approvals. Tenet Healthcare has a market
capitalization that is more representative of the mid-cap market
space.
Ulta Salon, Cosmetics &
Fragrance operates as a specialty retailer. Headquartered in
Bolingbrook, IL, the company will
be added to the S&P 500 (Global Industry Classification
Standard) Specialty Stores Sub-Industry index.
Tenet Healthcare primarily operates acute care hospitals and
related healthcare facilities. Headquartered in Dallas, TX, the company will be added to the
S&P MidCap 400 GICS Health Care Facilities Sub-Industry
index.
Following is a summary of the changes:
|
S&P 500 INDEX
– April 15, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Ulta Salon,
Cosmetics &
Fragrances
|
Consumer
Discretionary
|
Specialty
Stores
|
|
DELETED
|
Tenet
Healthcare
|
Health
Care
|
Health Care
Facilities
|
|
S&P MIDCAP 400
INDEX – April 15, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Tenet
Healthcare
|
Health
Care
|
Health Care
Facilities
|
|
DELETED
|
Jarden
|
Consumer
Discretionary
|
Housewares &
Specialties
|
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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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ulta-salon-cosmetics--fragrance-set-to-join-the-sp-500-tenet-healthcare-to-join-sp-midcap-400-300248187.html
SOURCE S&P Dow Jones Indices
