Computer Sciences Set to Join S&P 500; Southwestern Energy to Join S&P MidCap 400

NEW YORK, March 28, 2017 /PRNewswire/ -- S&P MidCap 400 constituent Computer Sciences Corp. (NYSE: CSC) will replace Southwestern Energy Co. (NYSE: SWN) in the S&P 500, and Southwestern Energy will replace Computer Sciences in the S&P MidCap 400 effective prior to the open on Tuesday, April 4. S&P 500 constituent Hewlett Packard Enterprise Co. (NYSE: HPE) will spin-off Everett Inc., which will be immediately acquired by Computer Sciences, in a transaction expected to be completed prior to the open on Monday, April 3, pending final conditions. Hewlett Packard Enterprises will remain in the S&P 500 post spin-off. Post-merger, Computer Sciences will be more representative of the large-cap market space.

Computer Sciences Corporation provides information technology services and solutions. Headquartered in Tysons, VA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) IT Consulting & Other Services Sub-Industry index.

Southwestern Energy Company engages in the exploration, development, and production of natural gas and oil. Headquartered in Spring, TX, the company will be added to the S&P MidCap 400 GICS Oil & Gas Exploration & Production Sub-Industry index.

Following is a summary of the changes:

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:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

SOURCE S&P Dow Jones Indices

Related Links

http://www.spdji.com