NEW YORK, Sept. 25, 2013 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600 indices:
- S&P SmallCap 600 constituent Mid-America Apartment
Communities Inc. (NYSE:MAA) will replace Monster Worldwide Inc.
(NYSE:MWW) in the S&P MidCap 400, Monster Worldwide will
replace Mid-America Apartment Communities in the S&P SmallCap
600, and Green Dot Corp. (NYSE:GDOT) will replace Colonial Property
Trust (NYSE:CLP) in the S&P SmallCap 600 after the close of
trading on Tuesday, October 1.
MidAmerica Apartment Communities is acquiring Colonial Property in
a deal expected to be completed on or about that date pending final
approvals. The combined company will have a market capitalization
that is more representative of the mid-cap market space. Monster
Worldwide has a market capitalization under $550 million, making it more appropriate for the
S&P SmallCap 600 index.
- Newpark Resources Inc. (NYSE:NR) will replace Arbitron Inc.
(NYSE:ARB) in the S&P SmallCap 600 after the close of trading
on Friday, September 27. S&P 500
constituent (NYSE:NLSN) Nielsen Holdings N.V. is acquiring Arbitron
in a deal expected to be completed on September 30, pending final approvals.
- Santarus Inc. (NASD:SNTS) will replace Volterra Semiconductor
Corp. (NASD:VLTR) in the S&P SmallCap 600 after the close of
trading on Tuesday, October 1. Maxim
Integrated Products Inc. (NASD:MXIM) is acquiring Volterra in a
deal expected to be completed soon, pending final conditions.
Mid-America Apartment Communities is a real estate investment
Trust (REIT) that acquires, owns and operates apartment communities
and multifamily homes. Headquartered in Memphis, TN, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Residential REITs Sub-Industry index.
Monster Worldwide provides online and mobile employment
solutions. Headquartered in New York,
NY, the company will be added to the S&P SmallCap 600
GICS Internet Software & Services Sub-Industry index.
Green Dot offers prepaid debit cards and cash loading and
transfer services. Headquartered in Pasadena, CA, the company will be added to the
S&P SmallCap 600 GICS Consumer Finance Sub-Industry index.
Newpark Resources provides various products and services
primarily to the oil and gas exploration industry. Headquartered in
The Woodlands, TX, the company
will be added to the S&P SmallCap 600 GICS IT Oil & Gas
Equipment & Services Sub-Industry index.
Santarus is a specialty biopharmaceutical company. Headquartered
in San Diego, CA, the company will
be added to the S&P SmallCap 600 GICS Pharmaceuticals
Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – September 27, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Newpark
Resources
|
Energy
|
Oil & Gas
Equipment & Services
|
DELETED
|
Arbitron
|
Consumer
Discretionary
|
Advertising
|
S&P 400 INDEX
– October 1, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Mid-America Apartment
Communities
|
Financials
|
Residential
REITs
|
DELETED
|
Monster
Worldwide
|
Information
Technology
|
Internet Software
& Services
|
S&P SMALLCAP
600 INDEX – October 1, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Monster
Worldwide
|
Information
Technology
|
Internet Software
& Services
|
|
Green Dot
|
Financials
|
Consumer
Finance
|
|
Santarus
|
Health
Care
|
Pharmaceuticals
|
DELETED
|
Mid-America Apartment
Communities
|
Financials
|
Residential
REITs
|
|
Colonial
Properties
|
Financials
|
Residential
REITs
|
|
Volterra
Semiconductor
|
Information
Technology
|
Semiconductors
|
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:
Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
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(212) 438-3907
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