Adient and Eldorado Resorts Set to Join S&P MidCap 400
NEW YORK, Aug. 14, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:
- Eldorado Resorts Inc. (NASD: ERI) will replace VeriFone Systems Inc. (NYSE: PAY) in the S&P MidCap 400 effective prior to the open of trading on Monday, August 20. Francisco Partners is acquiring VeriFone Systems in a deal expected to be completed soon pending final conditions.
- Adient plc (NYSE: ADNT) will replace DCT Industrial Trust Inc. (NYSE: DCT) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, August 22. S&P 500 constituent ProLogis Inc. (NYSE: PLD) is acquiring DCT Industrial Trust in a deal expected to be completed soon pending final conditions.
Eldorado Resorts owns and operates gaming and hospitality facilities. Headquartered in Reno, Nevada, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Casinos & Gaming Sub-Industry index.
Adient designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles and light trucks. Headquartered in Dublin, Ireland, the company will be added to the S&P MidCap 400 GICS Auto Parts & Equipment Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – AUGUST 20, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Eldorado |
Consumer Discretionary |
Casinos & Gaming |
DELETED |
VeriFone |
Information Technology |
Electronic Equipment & |
S&P MIDCAP 400 INDEX – AUGUST 22, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Adient |
Consumer Discretionary |
Auto Parts & Equipment |
DELETED |
DCT Industrial Trust |
Real Estate |
Industrial REIT's |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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
[email protected]
S&P Dow Jones Indices
[email protected]
Media Inquiries
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SOURCE S&P Dow Jones Indices
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