S&P Announces Changes to US Indices: DNR for ROH, OFC for DNR, DOW for ROH, CNL for BLC, PNFP for CNL
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S&P MidCap 400 constituent Denbury Resources Inc. (NYSE: DNR) will replace Rohm and Haas Co. (NYSE: ROH) in the S&P 500, and Corporate Office Properties Trust (NYSE: OFC) will replace Denbury Resources in the S&P MidCap 400. S&P 100 & 500 constituent The Dow Chemical Corp. (NYSE: DOW) is acquiring Rohm and Hass in a transaction expected to be completed on or about that date.
S&P SmallCap 600 constituent Cleco Corp. (NYSE: CNL) will replace Belo Corp. (NYSE: BLC) in the S&P MidCap 400, and Pinnacle Financial Partners Inc. (NASDAQ: PNFP) will replace Cleco in the S&P SmallCap 600. As of today’s close of trading Belo had a market capitalization of $81 million, ranking it 400th in the index.
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