NEW YORK, Dec. 18, 2012 /PRNewswire/ -- Delphi Automotive
plc (NYSE:DLPH) will replace Titanium Metals Corp. (NYSE:TIE) in
the S&P 500 after the close of trading on Friday, December 21. S&P 500 constituent
Precision Castparts Corp. (NYSE:PCP) is acquiring Titanium Metals
in a deal expected to be completed soon pending final approvals.
Delphi Automotive manufactures vehicle components. Headquartered
in Gillingham, England, the
company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Auto Parts & Equipment Sub-Industry
index.
Following is a summary of the change:
|
S&P
500 – December 21, 2012
|
|
COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Delphi
Automotive
|
Consumer
Discretionary
|
Automotive
Parts & Equipment
|
|
DELETED
|
Titanium
Metals
|
Materials
|
Diversified Metals & Mining
|
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.
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