NEW YORK, Jan. 3, 2017 /PRNewswire/ -- S&P MidCap 400
constituent IDEXX Laboratories, Inc. (NASD: IDXX) will replace St.
Jude Medical, Inc. (NYSE: STJ) in the S&P 500, S&P SmallCap
600 constituent The Chemours Company (NYSE: CC) will replace IDEXX
in the S&P MidCap 400, and Shake Shack Inc. (NYSE: SHAK) will
replace Chemours in the S&P SmallCap 600 after the close of
trading on Wednesday, January 4.
S&P 100 & 500 constituent Abbott Laboratories (NYSE: ABT)
is acquiring St. Jude Medical in a deal expected to be completed on
or about that date, pending final conditions.
IDEXX Laboratories, Inc. develops, manufactures, and distributes
products and services primarily for the companion animal
veterinary, livestock and poultry, water testing, and dairy
markets. Headquartered in Westbrook,
ME, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Health Care Equipment
Sub-Industry index.
The Chemours Company is a chemical company that provides
titanium technologies, fluoroproducts, and chemical solutions.
Headquartered in Wilmington, DE,
the company will be added to the S&P MidCap 400 GICS
Diversified Chemicals Sub-Industry index.
Shake Shack Inc. owns, operates, and licenses Shake Shack
restaurants. Headquartered in New York,
NY, the Company will be added to the S&P SmallCap 600
GICS Restaurants Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– January 4, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
IDEXX
|
Health
Care
|
Health Care
Equipment
|
|
DELETED
|
St. Jude
|
Health
Care
|
Health Care
Equipment
|
|
S&P MIDCAP 400
INDEX – January 4, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Chemours
|
Materials
|
Diversified
Chemicals
|
|
DELETED
|
IDEXX
|
Health
Care
|
Health Care
Equipment
|
|
S&P SMALLCAP
600 INDEX – January 4, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Shake
Shack
|
Consumer
Discretionary
|
Restaurants
|
|
DELETED
|
Chemours
|
Materials
|
Diversified
Chemicals
|
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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/idexx-laboratories-set-to-join-the-sp-500-chemours-to-join-sp-midcap-400-shake-shack-to-join-sp-smallcap-600-300385079.html
SOURCE S&P Dow Jones Indices