• S&P MidCap 400 constituent Signet Jewelers Limited (NYSE:SIG) will replace DIRECTV (NASD:DTV) in the S&P 500, S&P SmallCap 600 constituent PAREXEL International Corp. (NASD:PRXL) will replace Signet Jewelers in the S&P MidCap 400, and Enanta Pharmaceuticals (NASD:ENTA) will replace PAREXEL International in the S&P SmallCap 600 effective after the close of trading on Tuesday, July 28. S&P 100 & 500 constituent AT&T Inc. (NYSE:T) acquired DIRECTV in a deal completed today.
Open for Comment until August 31, 2015
S&P Dow Jones Indices (“S&P DJI”), Japan Exchange Group (“JPX”) and its group company Osaka Exchange (“OSE”) today announced a strategic agreement to jointly introduce the S&P/JPX JGB VIX Index, which measures the implied volatility of Japanese government bonds using options on JGB futures listed on OSE.
A Deletion and Replacement in the S&P/TSX 60 Index
National Consumer Credit Default Rates Increase in June 2015 According to the S&P/Experian Consumer Credit Default Indices
S&P SmallCap 600 constituent NetScout Systems Inc. (NASD:NTCT) will replace Tidewater Inc. (NYSE:TDW) in the S&P MidCap 400, and Tidewater will replace Netscout Systems in the S&P SmallCap 600 after the close of trading on Friday, July 24. NetScout Systems recently completed the acquisition of S&P 500 constituent Danaher Corp.'s (NYSE:DHR) communications business making NetScout Systems’ post transaction market capitalization more representative of the mid-cap market space. Tidewater has a market capitalization more representative of the small-cap market space.
PayPal Holdings Inc. (NASD:PYPLV) will replace eBay Inc. (NASD:EBAY) in the S&P 100 and Noble Corporation plc (NYSE:NE) in the S&P 500. Noble Corporation plc will replace HMS Holdings Corp. (NASD:HMSY) in the S&P MidCap 400, and HMS Holdings will replace Swift Energy Co. (NYSE:SFY) in the S&P SmallCap 600. These actions will be effective after the close of trading on Friday, July 17. Ebay is spinning off PayPal to shareholders in a transaction expected to be completed on that date. Ebay will remain in the S&P 500 following completion of the transaction. Noble has a market cap that is more representative of the mid-cap market space. HMS Holdings and Swift Energy rank near or at the bottom of their respective indices.
According to S&P DJI’s annual S&P 500 Foreign Sales Report, the percentage of S&P 500 sales coming from outside of the U.S. equated to 47.82% in 2014, up from 46.29% in 2013 and 46% for each of the previous four years (2009-2012).
Klepierre replaces Lafarge in the S&P Europe 350 Index
The 7.75% Public Income NotES (PINES) due 7/15/2050 of Lloyds Banking Group plc (LYG PR A) have been fully called for redemption and will be deleted from the S&P U.S. Preferred Stock Index after the close of trading on July 14, 2015.
Given that the NYSE has resumed normal trading at 3:10pm EDT, S&P Dow Jones Indices has switched real-time index calculation for its indices, including the S&P 500® and Dow Jones Industrial Average®, to prices from the primary exchanges (NYSE & NYSE MKT). All U.S. indices will close as usual with prices provided from the primary exchanges.
S&P Dow Jones Indices (S&P DJI) has announced that it will not delay the implementation of the previously announced changes to the S&P 500®, S&P MidCap 400® & S&P SmallCap 600® that are scheduled to take place after the close of trading this evening, July 8.
At approximately 11:51am EDT today, as a result of the NYSE halting trading of all symbols, S&P Dow Jones Indices (S&P DJI) switched to the Composite Tape for NYSE listed stocks for calculating intraday index levels for the S&P 500® and Dow Jones Industrial Average®. In addition to the NYSE listed stocks, S&P DJI has also switched NYSE MKT (formerly AMEX) to Composite Tape.
S&P 500 Bond Index Calculated in Real-Time; Measures over $3 Trillion in Debt Outstanding
LendingTree Inc. (NASD:TREE) will replace Meadowbrook Insurance Group Inc. (NYSE:MIG) in the S&P SmallCap 600 after the close of trading on Thursday, July 9. Fosun International Limited is acquiring Meadowbrook Insurance Group in a deal that closed today.
Energy Issues Continue To Account for a Disproportionate Share of the Cuts; Trusts and L.P. Remain Volatile and Inconsistent
S&P Dow Jones Indices today clarified the eligibility criteria the Dow Jones China Offshore 50 Index as outlined the index methodology.
• S&P MidCap 400 constituent Advance Auto Parts Inc. (NYSE:AAP) will replace Family Dollar Stores Inc. (NYSE:FDO) in the S&P 500, S&P SmallCap 600 constituent Jack in the Box Inc. (NASD:JACK) will replace Advance Auto Parts in the S&P MidCap 400, and Northfield Bancorp Inc. (NASD:NFBK) will replace Jack in the Box in the S&P SmallCap 600. S&P 500 constituent Dollar Tree Inc. (NASD:DLTR) is acquiring Family Dollar Stores in a transaction that was completed today.