Tumi Holdings Set to Join the S&P SmallCap 600
NEW YORK, Nov. 18, 2015 /PRNewswire/ -- Tumi Holdings Inc. (NYSE: TUMI) will replace IPC Healthcare Inc. (NASD: IPCM) in the S&P SmallCap 600 after the close of trading on Monday, November 23. Team Health Holdings Inc. (NYSE: TMH) is acquiring IPC Healthcare in a deal expected to be completed on or about that date pending final conditions.
Tumi Holdings designs, produces, and markets a range of travel and business products, and accessories. Headquartered in South Plainfield, NJ, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – November 23, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Tumi Holdings |
Consumer Discretionary |
Apparel Accessories & Luxury Goods |
DELETED |
IPC Healthcare |
Health Care |
Health Care Services |
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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