Close

Facebook (FB) Set to Join the S&P 100 & 500; Alliance Data Systems (ADS) and Mohawk (MHK) to Join the S&P 500; Changes to the S&P MidCap 400 and the S&P SmallCap 600

December 11, 2013 5:20 PM EST
S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, December 20:

Facebook Inc. (NASDAQ: FB) will replace The Williams Companies Inc. (NYSE: WMB) in the S&P 100, and Facebook will replace Teradyne Inc. (NYSE: TER) in the S&P 500. Teradyne will replace Scholastic Corp. (NASDAQ: SCHL) in the S&P MidCap 400, and Scholastic will replace Lincoln Education Services Corp. (NASDAQ: LINC) in the S&P SmallCap 600.

The Williams Company will remain in the S&P 500. Lincoln Education Services currently ranks 600th in the S&P SmallCap 600 and is no longer representative of the small cap market space.

Two S&P 500 constituents will switch places with two S&P MidCap 400 constituents, and two S&P MidCap 400 constituents will switch places with two S&P SmallCap 600 constituents. These transfers will make each index more representative of it market capitalization range; the companies moving to the S&P 500 have market caps above $10 billion, the companies moving to the S&P MidCap 400 have market caps between $2 billion and $4.5 billion, and the companies moving to the S&P SmallCap 600 have market caps below $1 billion. The transfers will be as follows:

S&P MidCap 400 constituents Alliance Data Systems Corp. (NYSE: ADS) and Mohawk Industries Inc. (NYSE: MHK) will replace Abercrombie & Fitch Co. (NYSE: ANF) and JDS Uniphase Corp. (NASDAQ: JDSU) in the S&P 500, and, likewise, Abercrombie & Fitch and JDS Uniphase will replace Alliance Data Systems and Mohawk Industries in the S&P MidCap 400.

S&P SmallCap 600 constituents Old Dominion Freight Line Inc. (NASDAQ: ODFL) and Brunswick Corp. (NYSE: BC) will replace Arch Coal Inc. (NYSE: ACI) and Regis Corp. (NYSE: RGS) in the S&P MidCap 400, and likewise, Arch Coal and Regis will replace Old Dominion Freight Line and Brunswick in the S&P SmallCap 600.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Index Changes, Trader Talk

Related Entities

Standard & Poor's