Church & Dwight Set to Join the S&P 500; SYNNEX to Join S&P MidCap 400; Greenbrier to Join S&P SmallCap 600
NEW YORK, Dec. 22, 2015 /PRNewswire/ -- S&P MidCap 400 constituent Church & Dwight Co. (NYSE: CHD) will replace Altera Corp. (NASD: ALTR) in the S&P 500, S&P SmallCap 600 constituent SYNNEX Corp. (NYSE: SNX) will replace Church & Dwight in the S&P MidCap 400, and The Greenbrier Companies Inc. (NYSE: GBX) will replace SYNNEX in the S&P SmallCap 600 after the close of trading on Monday, December 28. S&P 100 & 500 constituent Intel Corp. (NASD: INTC) is acquiring Altera in a cash deal expected to be completed on or about that date pending final conditions.
Church & Dwight develops, manufactures, and markets household, personal care, and specialty products. Headquartered in Ewing, NJ, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Household Products Sub-Industry index.
SYNNEX provides business process services to resellers, retailers, and original equipment manufacturers. Headquartered in Fremont, CA, the company will be added to the S&P MidCap 400 GICS Technology Distributors Sub-Industry index.
The Greenbrier Companies designs, manufactures, and markets railroad freight car equipment. Headquartered in Lake Oswego, OR, the company will be added to the S&P SmallCap 600 GICS Construction Machinery & Heavy Trucks Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX – December 28, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Church & Dwight |
Consumer Staples |
Household Products |
DELETED |
Altera |
Information Technology |
Semiconductors |
S&P MIDCAP 400 INDEX – December 28, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
SYNNEX |
Information Technology |
Technology Distributors |
DELETED |
Church & Dwight |
Consumer Staples |
Household Products |
S&P SMALLCAP 600 INDEX – December 28, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
The Greenbrier Companies |
Industrials |
Construction Machinery & Heavy Trucks |
DELETED |
SYNNEX |
Information Technology |
Technology Distributors |
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.
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