NEW YORK, Oct. 31, 2016 /PRNewswire/ -- Fidelity Southern Corp. (NASDAQ: LION) will replace Monster Worldwide Inc. (NYSE: MWW) in the S&P SmallCap 600 after the close of trading on Wednesday, November 2. Randstad Holding NV is acquiring Monster Worldwide in a deal expected to be completed on November 1.
Fidelity Southern provides financial products and services for business and retail customers. Headquartered in Atlanta, GA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – NOVEMBER 2, 2016 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Fidelity Southern |
Financials |
Regional Banks |
DELETED |
Monster Worldwide |
Information Technology |
Internet Software & Services |
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:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]
SOURCE S&P Dow Jones Indices
Share this article