Dunkin' Brands Group Set to Join the S&P MidCap 400; Walker & Dunlop to Join the S&P SmallCap 600
NEW YORK, April 23, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
- Dunkin' Brands Group Inc. (NASD:DNKN) will replace Riverbed Technology Inc. (NASD:RVBD) in the S&P MidCap 400 after the close of trading on Monday, April 27. A group led by Thoma Bravo LLC is acquiring Riverbed Technology in a deal expected to be completed tomorrow.
- Walker & Dunlop Inc. (NYSE:WD) will replace Entropic Communications Inc. (NASD:ENTR) in the S&P SmallCap 600 after the close of trading on Thursday, April 30. MaxLinear Inc. (NYSE:MXL) is acquiring Entropic Communications in a transaction expected to be completed on or about that date pending final approvals.
Dunkin' Brands Group develops, franchises, and licenses quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands. Headquartered in Canton, MA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Restaurants Sub-Industry index.
Walker & Dunlop originates, sells, and services a range of multifamily and other commercial real estate financing products. Headquartered in Bethesda, MD, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – April 27, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Dunkin' Brands Group |
Consumer Discretionary |
Restaurants |
DELETED |
Riverbed Technology |
Information Technology |
Communications Equipment |
S&P SMALLCAP 600 – April 30, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Walker & Dunlop |
Financials |
Thrifts & Mortgage Finance |
DELETED |
Entropic Communications |
Information Technology |
Semiconductors |
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
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