Endo International Set to Join the S&P 500; Boston Beer to Join S&P MidCap 400; Southside Bancshares to Join S&P SmallCap 600

NEW YORK, Jan. 21, 2015 /PRNewswire/ -- S&P MidCap 400 constituent Endo International plc (NASD: ENDP) will replace Covidien plc (NYSE: COV) in the S&P 500, S&P SmallCap 600 constituent The Boston Beer Company Inc. (NYSE: SAM) will replace Endo International in the S&P MidCap 400, and Southside Bancshares Inc. (NASD: SBSI) will replace The Boston Beer Company in the S&P SmallCap 600 after the close of trading on Monday, January 26. S&P 100 & 500 constituent Medtronic Inc. (NYSE: MDT) is acquiring Covidien in a deal expected to be completed on or about that date pending final approvals.

Endo International develops, manufactures, markets, and distributes branded pharmaceutical, generic pharmaceutical, over the counter medications and medical device products. Headquartered in Dublin, Ireland the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.

The Boston Beer Company produces and sells alcohol beverages. Headquartered in Boston, MA, the company will be added to the S&P MidCap 400 GICS Brewers Sub-Industry index.

Southside Bancshares provides financial products and services. Headquartered in Tyler, TX, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

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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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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