S&P Announces Changes to US Indices: KMX for XTO, AYI for KMX, MED for AYI, GDI for PALM, COGT for GDI
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S&P MidCap 400 constituent CarMax Inc. (NYSE: KMX) will replace XTO Energy Inc. (NYSE: XTO) in the S&P 500, S&P SmallCap 600 constituent Acuity Brands Inc. (NYSE: AYI) will replace CarMax in the S&P MidCap 400, and Medifast Inc. (NYSE: MED) will replace Acuity Brands in the S&P SmallCap 600 index. S&P 100 & 500 constituent Exxon Mobil Inc. (NYSE: XOM) is acquiring XTO Energy in a deal expected to be completed on or about that date, pending final approvals.
S&P SmallCap 600 constituent Gardner Denver Inc. (NYSE: GDI) will replace Palm Inc. (NASDAQ: PALM) in the S&P MidCap 400 index, and Cogent Inc. (NASDAQ: COGT) will replace Gardner Denver in the S&P SmallCap 600 index. S&P 100 & 500 constituent Hewlett-Packard Co. (NYSE: HPQ) is acquiring Palm in a deal expected to be completed soon, pending final approvals.
S&P SmallCap 600 constituent Gardner Denver Inc. (NYSE: GDI) will replace Palm Inc. (NASDAQ: PALM) in the S&P MidCap 400 index, and Cogent Inc. (NASDAQ: COGT) will replace Gardner Denver in the S&P SmallCap 600 index. S&P 100 & 500 constituent Hewlett-Packard Co. (NYSE: HPQ) is acquiring Palm in a deal expected to be completed soon, pending final approvals.
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