Electronics For Imaging (EFII), Banner (BANR) to Join S&P SmallCap 600

November 21, 2012 7:40 AM EST
After the close it was reported that Electronics For Imaging Inc. (NASDAQ: EFII) will replace Ceradyne Inc. (NASDAQ: CRDN), and Banner Corp. (NASDAQ: BANR) will replace Novatel Wireless Inc. (NASDAQ: NVTL) in the S&P SmallCap 600 after the close of trading on Tuesday, November 27.

S&P 100 & 500 constituent 3M Co. (NYSE: MMM) is acquiring Ceradyne in a deal expected to be completed soon pending final conditions. Novatel's low market capitalization is no longer representative of the small-cap market space.

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