NEW YORK, Feb. 9, 2016 /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 F.N.B. Corp. (NYSE: FNB) will
replace Rent-A-Center Inc. (NASD: RCII) in the S&P MidCap 400,
and Rent-A-Center will replace F.N.B in the S&P SmallCap 600
after the close of trading on Friday,
February 12. F.N.B. is acquiring Metro Bancorp Inc. (NASD:
METR) in a deal expected to be completed on or about that date
pending final approvals. Post merger, F.N.B. will have a market
capitalization that is more representative of the mid-cap market
space. Rent-A-Center is ranked near the bottom of the S&P
MidCap 400 and has a market capitalization that is more
representative of the small-cap market space.
- Surgical Care Affiliates Inc. (NASD: SCAI) will replace
Constant Contact Inc. (NASD: CTCT) in the S&P SmallCap 600
after the close of trading on Thursday,
February 11. Endurance International Group Holdings Inc.
(NASD: EIGI) is acquiring Constant Contact in a deal that was
completed today.
F.N.B. is a diversified financial services company.
Headquartered in Pittsburgh, PA,
the company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Regional Banks Sub-Industry
index.
Rent-A-Center leases household durable goods to customers on a
rent-to-own basis. Headquartered in Plano, TX, the company will be added to the
S&P SmallCap 600 GICS Computer & Electronics Retail
Sub-Industry index.
Surgical Care Affiliates owns and operates a network of
multi-specialty ambulatory surgery centers and surgical hospitals.
Headquartered in Deerfield, IL,
the company will be added to the S&P SmallCap 600 GICS Health
Care Facilities Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – February 11, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Surgical Care
Affiliates
|
Health
Care
|
Health Care
Facilities
|
DELETED
|
Constant
Contact
|
Information
Technology
|
Internet Software
& Services
|
S&P MIDCAP 400
INDEX – February 12, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
F.N.B.
|
Financials
|
Regional
Banks
|
DELETED
|
Rent
–A-Center
|
Consumer
Discretionary
|
Computer &
Electronics Retail
|
S&P SMALLCAP
600 INDEX – February 12, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Rent
–A-Center
|
Consumer
Discretionary
|
Computer &
Electronics Retail
|
DELETED
|
F.N.B.
|
Financials
|
Regional
Banks
|
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.
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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visit:http://www.prnewswire.com/news-releases/fnb-set-to-join-the-sp-midcap-400-rent-a-center-surgical-care-affiliates-to-join-sp-smallcap-600-300217868.html
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