Cracker Barrel Old Country Store Set to Join the S&P MidCap 400; Marten Transport to be Added to S&P SmallCap 600
NEW YORK, June 29, 2015 /PRNewswire/ -- S&P SmallCap 600 constituent Cracker Barrel Old Country Store Inc. (NASD: CBRL) will replace Dresser-Rand Group Inc. (NYSE: DRC) in the S&P MidCap 400, and Marten Transport Ltd. (NASD: MRTN) will replace Cracker Barrel Old Country Store in the S&P SmallCap 600 after the close of trading on Wednesday, July 1. Siemens AG is acquiring Dresser-Rand Group in a deal expected to be completed soon.
Cracker Barrel Old Country Store develops and operates the Cracker Barrel Old Country Store concept. Headquartered in Lebanon, TN, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Restaurants Sub-Industry index.
Marten Transport operates as a temperature-sensitive truckload carrier for shippers. Headquartered in Mondovi, WI, the company will be added to the S&P SmallCap 600 GICS Trucking Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – July 1, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Cracker Barrel Old Country Store |
Consumer Discretionary |
Restaurants |
DELETED |
Dresser-Rand Group |
Energy |
Oil & Gas Equipment & Services |
S&P SMALLCAP 600 INDEX – July 1, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Marten Transport |
Industrials |
Trucking |
DELETED |
Cracker Barrel Old Country Store |
Consumer Discretionary |
Restaurants |
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.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
For more information:
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
[email protected]
David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
[email protected]
SOURCE S&P Dow Jones Indices
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article