NEW YORK, Jan. 9, 2012 /PRNewswire/ -- S&P will make
the following changes to the S&P MidCap 400 and S&P
SmallCap 600 Indices:
- S&P SmallCap 600 constituent Carter's Inc. (NYSE: CRI) will
replace 99¢ Only Stores (NYSE: NDN) in the S&P MidCap 400
index, and Virtus Investment Partners Inc. (NASD: VRTS) will
replace Carter's in the S&P SmallCap 600 index after the close
of trading on Friday, January 13. A consortium led by Ares
Management LLC is acquiring 99¢ Only Stores in a deal expected to
be completed on or about that date pending final approvals.
- SunCoke Energy Inc. (NYSE: SXCwi) will replace School Specialty
Inc. (NASD: SCHS) in the S&P SmallCap 600 index after the close
of trading on Tuesday, January 17.
S&P 500 constituent Sunoco Inc. (NYSE: SUN) is spinning off
SunCoke Energy in a transaction expected to be completed on or
about that date pending final approvals. The Sunoco stub will
remain in the S&P 500 index. School Specialty is ranked #600 in
the SmallCap 600 index.
S&P Indices will post any relevant updates on its website:
www.standardandpoors.com.
Carter's designs, sources, and markets branded children's wear.
Headquartered in Atlanta, GA, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Apparel Accessories & Luxury
Goods Sub-Industry index.
Virtus Investment Partners Inc. provides investment management
products and services. Headquartered in Hartford, CT, the company will be added to the
S&P SmallCap 600 GICS Asset Management & Custody Banks
Sub-Industry index.
SunCoke Energy manufactures coke for use in the production of
blast furnace steel. Headquartered in Knoxville, TN, the company will be added to
the S&P SmallCap 600 GICS Diversified Metals & Mining
Sub-Industry index.
Following is a summary of the changes:
S&P
MIDCAP 400 INDEX – January 13, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Carter's
|
Consumer
Discretionary
|
Apparel
Accessories & Luxury Goods
|
DELETED
|
99¢ Only
Stores
|
Consumer
Discretionary
|
General
Merchandise Stores
|
|
|
S&P
SMALLCAP 600 INDEX – January 13, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Virtus
Investment Partners
|
Financials
|
Asset
Management & Custody Banks
|
DELETED
|
Carter's
|
Consumer
Discretionary
|
Apparel
Accessories & Luxury Goods
|
|
|
S&P
SMALLCAP 600 INDEX – January 17, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
SunCoke
Energy
|
Materials
|
Diversified Metals &
Mining
|
DELETED
|
School
Specialty
|
Consumer
Discretionary
|
Education
Services
|
About S&P Indices
S&P Indices, a leading brand of the McGraw-Hill
Companies (NYSE: MHP), maintains a wide variety of investable and
benchmark indices to meet an array of investor needs. Over
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For more
information contact:
|
|
David M.
Blitzer, Ph.D.
Managing
Director & Chairman of the Index Committee
(212)
438-3907
|
|
SOURCE S&P Indices