NEW YORK, Oct. 4, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes in the S&P 500
and S&P SmallCap 600 indices:
- Norwegian Cruise Line Holdings Ltd. (NASD: NCLH) will replace
Level 3 Communications Inc. (NYSE: LVLT) in the S&P 500
effective before the open of trading on Friday, October 13. S&P 500 constituent
CenturyLink Inc. (NYSE: CTL) is acquiring Level 3 Communications in
a deal expected to be completed on or about that date pending final
approvals. Post acquisition, CenturyLink will change its Global
Industry Classification Standard (GICS) Sub-Industry group from
Integrated Telecommunication Services to Alternative Carriers.
- Pacific Premier Bancorp Inc. (NASD: PPBI) will replace Parkway
Inc. (NYSE: PKY) in the S&P SmallCap 600 effective before the
open of trading on Thursday, October
12. Canada Pension Investment Board is acquiring Parkway in
a deal expected to be completed on or about that date pending final
approvals.
Norwegian Cruise Line Holdings operates as a cruise company.
Headquartered in Miami, FL,
the company will be added to the S&P 500 GICS Hotels, Resorts
& Cruise Lines Sub-Industry index.
Pacific Premier Bancorp provides banking services to businesses,
professionals, real estate investors, and non-profit organizations.
Headquartered in Irvine, CA, the
company will be added to the S&P SmallCap 600 GICS Regional
Banks Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP
600 INDEX – OCTOBER 12, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Pacific Premier
Bancorp
|
Financials
|
Regional
Banks
|
|
DELETED
|
Parkway
|
Real
Estate
|
Office
REITs
|
|
|
|
S&P 500 INDEX
– OCTOBER 13, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Norwegian
Cruise Line
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise
Lines
|
|
DELETED
|
Level 3
Communications
|
Telecommunication
Services
|
Alternative
Carriers
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P
500® and the Dow Jones Industrial Average®.
More assets are invested in products based on our indices than
products based on indices from any other provider in the world.
Since Charles Dow invented the first
index in 1884, S&P DJI has become home to over 1,000,000
indices across the spectrum of asset classes that have helped
define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
FOR MORE INFORMATION:
S&P Dow Jones
Indices
index_services@spglobal.com
David Blitzer
Managing
Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
Luke Shane
North
America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
Haw-Yan Man
EMEA
Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com
Cecilia Ho
Asia Pacific
Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com
View original
content:http://www.prnewswire.com/news-releases/norwegian-cruise-line-set-to-join-sp-500-pacific-premier-bancorp-to-join-sp-smallcap-600-300531453.html
SOURCE S&P Dow Jones Indices