NEW YORK, June 26, 2013 /PRNewswire/ -- Evercore
Partners Inc. (NYSE: EVR) will replace Lufkin Industries Inc.
(NASD: LUFK) in the S&P SmallCap 600 after the close of trading
on Monday, July 1. A subsidiary of
S&P 100 & 500 constituent General Electric Co. (NYSE: GE)
is acquiring Lufkin Industries in a deal expected to be completed
soon pending final approvals.
Evercore Partners operates as an independent investment banking
advisory firm. Headquartered in New York,
NY, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Investment Banking
& Brokerage Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP
600 INDEX – July 1, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Evercore
Partners
|
Financials
|
Investment Banking
& Brokerage
|
DELETED
|
Lufkin
Industries
|
Energy
|
Oil & Gas
Equipment & 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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