NEW YORK, Sept. 20, 2017 /PRNewswire/ -- S&P
SmallCap 600 constituent Sanderson Farms Inc. (NASD: SAFM) will
replace Cabela's Inc. (NYSE: CAB) in the S&P MidCap 400, and
Third Point Reinsurance Ltd. (NYSE: TPRE) will replace Sanderson
Farms in the S&P SmallCap 600 effective prior to the open on
Tuesday, September 26. Bass Pro Shops
is acquiring Cabela's in a deal expected to be completed on or
about that date pending final conditions.
Sanderson Farms produces, processes, markets, and distributes
fresh, frozen, and prepared chicken products. Headquartered in
Laurel, MS, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Packaged Foods & Meats Sub-Industry
index.
Third Point Reinsurance provides specialty property and casualty
reinsurance products to insurance and reinsurance companies.
Headquartered in Pembroke,
Bermuda, the company will be added
to the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Reinsurance Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – SEPTEMBER 26, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Sanderson
Farms
|
Consumer
Staples
|
Packaged Foods &
Meats
|
|
DELETED
|
Cabela's
|
Consumer
Discretionary
|
Specialty
Stores
|
|
S&P SMALLCAP
600 INDEX – SEPTEMBER 26, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Third Point
Reinsurance
|
Financials
|
Reinsurance
|
|
DELETED
|
Sanderson
Farms
|
Consumer
Staples
|
Packaged Foods &
Meats
|
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