NEW YORK, July 1, 2015 /PRNewswire/ -- Chart Industries Inc. (NASD: GTLS) will replace iGATE Corp. (NASD: IGTE) in the S&P SmallCap 600 after the close of trading on Monday, July 6. Cap Gemini SA completed the acquisition of iGATE Corp. (NASD: IGTE) earlier today.
Chart Industries is a diversified global manufacturer of highly engineered equipment for the industrial gas, energy, and biomedical industries. Headquartered in Garfield Heights, Ohio, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Industrial Machinery Sub-Industry index.
Following is a summary of the change:
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S&P SMALLCAP 600 INDEX – July 6, 2015
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COMPANY
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GICS ECONOMIC SECTOR
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GICS SUB-INDUSTRY
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ADDED
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Chart Industries
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Industrials
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Industrial Machinery
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DELETED
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iGATE
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Information Technology
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IT Consulting & Other Services
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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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