Zoetis Set to Join S&P 500; First Horizon National to Join S&P MidCap 400; QLogic to Join S&P SmallCap 600

NEW YORK, June 14, 2013 /PRNewswire/ -- Zoetis Inc. (NYSE: ZTSwi) will replace First Horizon National Corp. (NYSE: FHN) in the S&P 500, First Horizon National will replace QLogic Corp. (NASD: QLGC) in the S&P MidCap 400, and QLogic will replace Coldwater Creek Inc. (NASD: CWTR) in the S&P SmallCap 600 after the close of trading on Friday, June 21. S&P 100 & 500 constituent Pfizer Inc. (NYSE: PFE) is splitting off its approximately 80% holdings in Zoetis in an exchange offer expected to be completed soon, pending final conditions. First Horizon's total market capitalization is more representative of the mid cap market space, and QLogic's total market capitalization is more representative of the small cap market space. Coldwater Creek is ranked #600 in the SmallCap 600.

Zoetis engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines.  Headquartered in Madison, NJ, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.

First Horizon National operates as a bank, providing various financial services.  Headquartered in Memphis, TN, the company will be added to the S&P MidCap 400 GICS Regional Banks Sub-Industry index.

QLogic designs and supplies network infrastructure products.  Headquartered in Aliso Viejo, CA, the company will be added to the S&P SmallCap 600 GICS Computer Storage & Peripherals 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.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies 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^SM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets 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.

It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones Indices index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's Financial Services LLC.  "Dow Jones" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones")

For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
[email protected]
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@ spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED