The Cooper Companies Set to Join the S&P 500; Northwestern and NuVasive to Join S&P MidCap 400; SPS Commerce and Fox Factory to Join S&P SmallCap 600

Dienstag, 20.09.2016 18:15 von

PR Newswire

NEW YORK, Sept. 20, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective after the close of trading on Thursday, September 22:

  • S&P MidCap 400 constituent The Cooper Companies Inc. (NYSE: COO) will replace Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) in the S&P 500, S&P SmallCap 600 constituent Northwestern Corp. (NYSE: NWE) will replace Cooper Companies in the S&P MidCap 400, and SPS Commerce Inc. (NASD: SPSC) will replace Northwestern in the S&P SmallCap 600. S&P 500 constituent Marriott International Inc. (NASD: MAR) is acquiring Starwood Hotels & Resorts Worldwide in a deal expected to be completed soon pending final conditions.
  • S&P SmallCap 600 constituent NuVasive Inc. (NASD: NUVA) will replace FEI Co. (NASD: FEIC) in the S&P MidCap 400, and Fox Factory Holding Corp. (NASD: FOXF) will replace NuVasive in the S&P SmallCap 600. S&P 500 constituent Thermo Fisher Scientific Inc. (NYSE: TMO) acquired FEI in a deal completed today.

The Cooper Companies operates as a medical device company. Headquartered in Pleasanton, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Supplies Sub-Industry index.

Northwestern provides electricity and natural gas. Headquartered in Sioux Falls, SD, the company will be added to the S&P MidCap 400 GICS Multi-Utilities Sub-Industry index.

SPS Commerce provides cloud-based supply chain management solutions. Headquartered in Minneapolis, MN, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.

NuVasive develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery. Headquartered in San Diego, CA, the Company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.

Fox Factory Holdings designs, engineers, manufactures, and markets ride dynamics products. Headquartered in Scotts Valley, CA, the Company will be added to the S&P SmallCap 600 GICS Auto Parts & Equipment Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – September 22, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

The Cooper Companies

Health Care

Health Care Supplies

DELETED

Starwood Hotels & Resorts Worldwide

Consumer Discretionary

Hotels, Resorts & Cruise Lines

 

S&P MIDCAP 400 INDEX – September 22, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Northwestern

Utilities

Multi-Utilities


NuVasive

Health Care

Health Care Equipment

DELETED

The Cooper Companies

Health Care

Health Care Supplies


FEI

Information Technology

Electronic Equipment & Instruments

 

S&P SMALLCAP 600 INDEX – September 22, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

SPS Commerce

Information Technology

Internet Software & Services


Fox Factory Holdings

Consumer Discretionary

Auto Parts & Equipment

DELETED

Northwestern

Utilities

Multi-Utilities


NuVasive

Health Care

Health Care Equipment

 

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

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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 

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SOURCE S&P Dow Jones Indices