Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sally Beauty Holdings & Versum Materials Set to Join the S&P MidCap 400; Others to Join S&P SmallCap 600

SBH, DFIN, ANF, ASIX, HON, UTI, SPGI

PR Newswire

NEW YORK, Sept. 23, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

  • Sally Beauty Holdings Inc. (NYSE: SBH) will replace R.R. Donnelley & Sons Co. (NYSE: RRD) in the S&P MidCap 400 index, and R.R. Donnelley & Sons will replace Sizmek Inc. (NASD: SZMK) in the S&P SmallCap 600 after the close of trading on Tuesday, September 27. Vector Capital is acquiring Sizmek in a deal expected to be completed on or about that date, pending final conditions. R.R. Donnelly & Sons is spinning off certain operations and assets later this month. Post spin-offs, the R.R. Donnelly & Sons stub will be more representative of the small-cap market space.
                               
  • LSC Communications Inc. (NYSE: LKSD) and Donnelley Financial Solutions Inc. (NYSE: DFIN) will be added to the S&P SmallCap 600 after the close of trading on Friday, September 30 replacing Gulfmark Offshore Inc. (NYSE: GLF) and Bonanza Creek Energy Inc. (NYSE: BCEI) respectively, which will be removed from the S&P SmallCap 600 after the close of trading on Monday, October 3. Newly added S&P SmallCap 600 constituent R.R. Donnelley & Sons is spinning off LSC Communications and Donnelley Financial Solutions in transactions expected to be completed on Friday, September 30 pending final conditions. The R.R. Donnelley & Sons stub will remain in the S&P SmallCap 600 post spin-offs. Gulfmark Offshore and Bonanza Creek Energy are ranked near the bottom of the S&P SmallCap 600 and are no longer representative of the small-cap market space.
                               
  • Versum Materials Inc. (NYSE: VSM) will replace Abercrombie & Fitch (NYSE: ANF) in the S&P MidCap 400, and Abercrombie & Fitch will replace Basic Energy Services Inc. (NYSE: BAS) in the S&P Small Cap 600 after the close of trading on Monday, October 3. S&P 500 constituent Air Products and Chemicals Inc. (NYSE: APD) is spinning off Versum Materials in a transaction expected to be completed on Friday, September 30 pending final conditions. Air Products and Chemicals will remain in the S&P 500 post spin-off. Basic Energy Services is ranked at the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
                               
  • AdvanSix Inc. (NYSE: ASIX) will replace Universal Technical Institute Inc. (NYSE: UTI) in the S&P SmallCap 600 after the close of trading on Monday, October 3. S&P 100 & 500 constituent Honeywell Inc. (NYSE: HON) is spinning off AdvanSix in a transaction expected to be completed on Friday, September 30 pending final conditions. Honeywell will remain in the S&P 100 & 500 post spin-off.

Sally Beauty Holdings operates as a specialty retailer and distributor of professional beauty supplies. Headquartered in Denton, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

R.R. Donnelley & Sons creates, manages, produces, distributes, and processes content on behalf of its customers. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Commercial Printing Sub-Industry index.

LSC Communications provides printing, fulfillment, and supply chain solutions. Headquartered in Denville, NJ, the company will be added to the S&P SmallCap 600 GICS Commercial Printing Sub-Industry index.

Donnelley Financial Solutions produces, distributes, and translates documents and electronic communications. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Financial Exchanges & Data Sub-Industry index.

Versum Materials develops, manufactures, transports, and handles specialty materials to the semiconductor and display industries. Headquartered in Allentown, PA, the company will be added to the S&P MidCap 400 GICS Semiconductor Equipment Sub-Industry index.

Abercrombie & Fitch operates as a specialty retailer of casual apparel. Headquartered in New Albany, OH, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

AdvanSix manufactures and sells Nylon 6 polymer resins. Headquartered in Morris Plains, NJ, the company will be added to the S&P SmallCap 600 GICS Commodity Chemicals Sub-Industry index.

 

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – SEPTEMBER 27, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sally Beauty Holdings

Consumer Discretionary

Specialty Stores

DELETED

RR Donnelley & Sons

Industrial

Commercial Printing

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 27, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

RR Donnelley & Sons

Industrial

Commercial Printing

DELETED

Sizmek

Consumer Discretionary

Advertising

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 30, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

LSC Communications

Industrials

Commercial Printing


Donnelly Financial Solutions

Financials

Financial Exchanges & Data

 

S&P MIDCAP 400 INDEX – OCTOBER 3, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Versum Materials

Information Technology

Semiconductor Equipment

DELETED

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail

 

S&P SMALLCAP 600 INDEX – OCTOBER 3, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail


AdvanSix

Materials

Commodity Chemicals

DELETED

Basic Energy Services

Energy

Oil & Gas Equipment & Services


Universal Technical Institute

Consumer Discretionary

Education Services


Gulfmark Offshore

Energy

Oil & Gas Equipment & Services


Bonanza Creek Energy

Energy

Oil & Gas Exploration & Production

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

Soogyung Jordan
Global Head of Communications 
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sally-beauty-holdings--versum-materials-set-to-join-the-sp-midcap-400-others-to-join-sp-smallcap-600-300333543.html

SOURCE S&P Dow Jones Indices

Tags: