S&P Announces Changes to US Indices: ATO for SEPR, MNRO for ATO, USMO for CACB, BJRI for FTBK
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S&P SmallCap 600 constituent Atmos Energy Corp. (NYSE: ATO) will replace Sepracor Inc. (NASDAQ: SEPR) in the S&P MidCap 400, and Monro Muffler Brake Inc. (NASDAQ: MNRO) will replace Atmos Energy in the S&P SmallCap 600. Sepracor is being acquired by Dainippon Sumitomo Pharma Co. Ltd. in a deal expected to be completed on or about that date.
USA Mobility Inc. (NASDAQ: USMO) will replace Cascade Bancorp (NASDAQ: CACB), and BJ’s Restaurants Inc. (NASDAQ: BJRI) will replace Frontier Financial Corp. (NASDAQ: FTBK) in the S&P SmallCap 600. Cascade Bancorp and Frontier Financial both have market capitalizations below $40 million, ranking them 599th and 600th in the index, respectively.
USA Mobility Inc. (NASDAQ: USMO) will replace Cascade Bancorp (NASDAQ: CACB), and BJ’s Restaurants Inc. (NASDAQ: BJRI) will replace Frontier Financial Corp. (NASDAQ: FTBK) in the S&P SmallCap 600. Cascade Bancorp and Frontier Financial both have market capitalizations below $40 million, ranking them 599th and 600th in the index, respectively.
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