NEW YORK, June 21, 2016 /PRNewswire/ -- S&P MidCap 400
constituent Fortune Brands Home & Security Inc. (NYSE:FBHS) will replace Cablevision Systems Corp. (NYSE:CVC), and Churchill
Downs Inc. (NASD:CHDN) will replace Fortune Brands Home & Security in the S&P MidCap 400 after the close of trading on
Thursday, June 23. Altice NV acquired Cablevision in a deal completed today.
Fortune Brands Home & Security provides home and security products for use in residential home repair, remodeling, new
construction, and security applications. Headquartered in Deerfield, IL, the company will be
added to the S&P 500 GICS (Global Industry Classification Standard) Building Products Sub-Industry index.
Churchill Downs provides pari-mutuel horseracing, online account wagering on horseracing, and casino gaming services.
Headquartered in Louisville, KY, the company will be added to the S&P MidCap 400 GICS
Casinos & Gaming Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX – JUNE 23, 2016
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Fortune Brands Home & Security
|
Industrials
|
Building Products
|
|
DELETED
|
Cablevision Systems
|
Consumer Discretionary
|
Cable & Satellite
|
|
S&P MIDCAP 400 INDEX – JUNE 23, 2016
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Churchill Downs
|
Consumer Discretionary
|
Casinos & Gaming
|
|
DELETED
|
Fortune Brands Home & Security
|
Industrials
|
Building Products
|
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fortune-brands-home--security-set-to-join-the-sp-500-churchill-downs-to-join-sp-midcap-400-300288278.html
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