S&P Announces Changes to US Index: CML for CPF, EBS for IBCP
Compellent Technologies Inc. (NYSE: CML) will replace Central Pacific Financial Corp. (NYSE: CPF), and Emergent BioSolutions Inc. (NYSE: EBS) will replace Independent Bank Corp. (NASDAQ: IBCP) in the S&P SmallCap 600 after the close of trading on Monday, November 9. Central Pacific Financial and Independent Bank have market capitalizations below $35 million ranking them 599th & 600th respectively in the index, whereas the minimum market capitalization necessary to be added to the S&P Small Cap 600 is currently $200 million.
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