September Rebalancing Results for S&P National AMT-Free Municipal Bond Index Announced by S&P Dow Jones Indices
ATOS SE REPLACES ARM HOLDINGS PLC IN THE S&P EUROPE 350 INDEX
Methodology Clarification for the S&P BSE Quality Index
S&P Dow Jones Indices announced today the September 2016 rebalancing results for the S&P/ASX Australian Fixed Interest 0+ Index Series and S&P/ASX Australian Fixed Interest Index Series.
NEW YORK, AUGUST 25, 2016: S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
• S&P MidCap 400 constituent Mettler-Toledo International Inc. (NYSE:MTD) will replace Johnson Controls Inc. (NYSE:JCI) in the S&P 500, S&P SmallCap 600 constituent Monolithic Power Systems, Inc. (NASD: MPWR) will replace Mettler-Toledo in the S&P MidCap 400, and WCI Communities Inc. (NYSE:WCIC) will replace Monolithic Power Systems in the S&P SmallCap 600 after the close of trading on Friday, September 2. S&P 500 constituent Tyco International plc (NYSE: TYC) is acquiring Johnson Controls in a merger of equals to form a new company called Johnson Controls International plc (NYSE: JCI) in a deal expected to be completed on or about that date, pending final conditions. “New” Johnson Controls International will have Global Industry Classification of Auto Parts and Equipment in the S&P 500.
Open for comment until September 16, 2016.
At this time, the consultation results are still under review by the index committee. A final announcement on the consultation is scheduled for distribution after the S&P Global BMI annual reconstitution, effective September 19th, 2016.
NEW YORK, August 23, 2016: S&P SmallCap 600 constituent EnerSys (NYSE:ENS) will replace DreamWorks Animation SKG Inc. (NASD:DWA) in the S&P MidCap 400, and Wabash National Corp. (NYSE:WNC) will replace EnerSys in the S&P SmallCap 600 after the close of trading on Thursday, August 25. S&P 500 constituent Comcast Corp (NASD: CMCSA) acquired DreamWorks Animation in a deal completed today.
A Relative Weight Change for Seven Generations Energy Ltd. (TSX:VII)
Open for comment until September 23, 2016.
Constituent Changes Announced for the S&P U.S. Preferred Stock Index
Chemical Financial Corp. (NASD: CHFC) will replace Supervalu Inc. (NYSE:SVU) in the S&P MidCap 400, and Supervalu will replace Talmer Bancorp Inc. (NASD:TLMR) in the S&P SmallCap 600 after the close of trading on Wednesday, August 31. Chemical Financial is acquiring Talmer in a deal expected to be completed on or about that date pending final approvals. Supervalu has a market capitalization more representative of the small-cap market space.
S&P Dow Jones Indices will apply the GICS composition changes for the S&P/ASX A-REIT, ex-A-REIT, Financials ex-A-REIT, Real Estate Management & Development and Dow Jones Australia LPT Indices.
Changes in S&P BSE Indices
Effective after the close of trading on August 18, 2016, FirstMerit Corp (Exchange: Nasdaq, Ticker: FMER) will be removed from the Dow Jones U.S. Select Dividend Index. Huntington Bancshares (OH) (Exchange: Nasdaq, Ticker: HBAN) will acquire FirstMerit Corp for $5.00 in cash and 1.72 shares of HBAN for each share of FMER held.
S&P SmallCap 600 constituent Dycom Industries Inc. (NYSE: DY) will replace FirstMerit Corp. (NASD: FMER) in the S&P MidCap 400, and Patrick Industries Inc. (NASD:PATK) will replace Dycom Industries in the S&P SmallCap 600 after the close of trading on Thursday, August 18. S&P 500 constituent Huntington Bancshares Inc. (NASD:HBAN) acquired FirstMerit in a deal completed today.
Consumer Credit Bank Card Defaults Drop, Overall Numbers Steady According to the S&P/Experian Consumer Credit Default Indices
Monthly Reconstitution of S&P BSE IPO and S&P BSE SME IPO
A Relative Weight Change for Canadian Pacific Railway Limited (TSX:CP)
Effective immediately, the methodologies for the S&P Merger Arbitrage Index families will be changed to incorporate a buffer on the amount of cash that is allocated towards an addition.
Cooper-Standard Holdings (NYSE:CPS) will replace QLogic Corp. (NASD:QLGC) in the S&P SmallCap 600 after the close of trading on Wednesday, August 10. Cavium Inc. (NASD:CAVM) is acquiring QLogic Corp. in a deal expected to be completed soon pending final approvals.
Annual Methodology Review : S&P BSE Factor Indices
S&P Dow Jones Indices today announced changes to the methodology for the Dow Jones SAFE 100 Index.