CRI to Replace NDN in MidCap 400, VRTS for CRI, SXC for SCHS in SmallCap 600
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S&P SmallCap 600 constituent Carter's Inc. (NYSE: CRI) will replace 99¢ Only Stores (NYSE: NDN) in the S&P MidCap 400 index, and Virtus Investment Partners Inc. (NASDAQ: VRTS) will replace Carter's in the S&P SmallCap 600 index after the close of trading on Friday, January 13. A consortium led by Ares Management LLC is acquiring 99¢F Only Stores in a deal expected to be completed on or about that date pending final approvals.
SunCoke Energy Inc. (NYSE: SXC) will replace School Specialty Inc. (NASDAQ: SCHS) in the S&P SmallCap 600 index after the close of trading on Tuesday, January 17. S&P 500 constituent Sunoco Inc. (NYSE: SUN) is spinning off SunCoke Energy in a transaction expected to be completed on or about that date pending final approvals. The Sunoco stub will remain in the S&P 500 index. School Specialty is ranked #600 in the SmallCap 600 index.
SunCoke Energy Inc. (NYSE: SXC) will replace School Specialty Inc. (NASDAQ: SCHS) in the S&P SmallCap 600 index after the close of trading on Tuesday, January 17. S&P 500 constituent Sunoco Inc. (NYSE: SUN) is spinning off SunCoke Energy in a transaction expected to be completed on or about that date pending final approvals. The Sunoco stub will remain in the S&P 500 index. School Specialty is ranked #600 in the SmallCap 600 index.
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