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Press release from PR Newswire

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

Wednesday, December 11, 2013

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

18:11 EST Wednesday, December 11, 2013

NEW YORK, Dec. 11, 2013 /PRNewswire/ -- 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. (NASD: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. (NASD:SCHL) in the S&P MidCap 400, and Scholastic will replace Lincoln Education Services Corp. (NASD: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 its 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. (NASD: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. (NASD: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.

Facebook operates as a social networking company. Headquartered in Menlo Park, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index.

Teradyne provides automatic test equipment. Headquartered in North Reading, MA, the company will be added to the S&P MidCap 400 GICS Semiconductor Equipment Sub-Industry index.

Scholastic operates as a children's publishing, education, and media company. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Publishing Sub-Industry index.

Alliance Data Systems provides marketing and loyalty solutions.  Headquartered in Plano, TX, the company will be added to the S&P 500 GICS Data Processing & Outsourced Services Sub-Industry index.

Mohawk Industries produces floor covering products for residential and commercial applications. Headquartered in Calhoun, GA, the company will be added to the S&P 500 GICS Home Furnishings Sub-Industry index.

Abercrombie & Fitch operates as a specialty retailer of casual apparel. Headquartered in New Albany, OH, the company will be added to the S&P MidCap 400 GICS Apparel Retail Sub-Industry index.

JDS Uniphase provides communications test and measurement solutions, and optical products. Headquartered in Milpitas, CA, the company will be added to the S&P MidCap 400 GICS Communications Equipment Sub-Industry index.

Old Dominion Freight Line operates as a less-than-truckload (LTL) motor carrier. Headquartered in Thomasville, NC, the company will be added to the S&P MidCap 400 GICS Trucking Sub-Industry index.

Brunswick designs, manufactures, and markets recreation products. Headquartered in Lake Forest, IL, the company will be added to the S&P MidCap 400 GICS Leisure Products Sub-Industry index.

Arch Coal engages in the production and sale of steam and metallurgical coal. Headquartered in St. Louis, MO, the company will be added to the S&P SmallCap 600 GICS Coal & Consumable Fuels Sub-Industry index.

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. Headquartered in Edina, MN, the company will be added to the S&P SmallCap 600 GICS Specialized Consumer Services Sub-Industry index.

Following is a summary of the changes:

S&P 100 INDEX ? December 20, 2013

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Facebook

Information Technology

Internet Software & Services

DELETED

The Williams Companies

Energy

Oil & Gas Storage & Transportation

 

S&P 500 INDEX ? December 20, 2013

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Facebook

Information Technology

Internet Software & Services

Alliance Data Systems

Information Technology

Data Processing & Outsourced Services

Mohawk Industries

Consumer Discretionary

Home Furnishings

DELETED

Teradyne

Information Technology

Semiconductor Equipment

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail

JDS Uniphase

Information Technology

Communications Equipment

 

S&P MIDCAP 400 INDEX ? December 20, 2013

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Teradyne

Information Technology

Semiconductor Equipment

Abercrombie & Fitch

Consumer Discretionary

Apparel Retail

JDS Uniphase

Information Technology

Communications Equipment

Old Dominion Freight Line

Industrials

Trucking

Brunswick

Consumer Discretionary

Leisure Products

DELETED

Scholastic

Consumer Discretionary

Publishing

Alliance Data Systems

Information Technology

Data Processing & Outsourced Services

Mohawk Industries

Consumer Discretionary

Home Furnishings

Arch Coal

Energy

Coal & Consumable Fuels

Regis

Consumer Discretionary

Specialized Consumer Services

 

S&P SMALLCAP 600 INDEX ? December 20, 2013

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Scholastic

Consumer Discretionary

Publishing

Arch Coal

Energy

Coal & Consumable Fuels

Regis

Consumer Discretionary

Specialized Consumer Services

DELETED

Lincoln Education Services

Consumer Discretionary

Education Services

Old Dominion Freight Line

Industrials

Trucking

Brunswick

Consumer Discretionary

Leisure Products

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial AverageTM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").  These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

For more information:

Dave GuarinoCommunicationsS&P Dow Jones Indices dave.guarino@spdji.com(212) 438-1471

David BlitzerManaging Director and Chairman of the Index CommitteeS&P Dow Jones Indicesdavid.blitzer@spdji.com (212) 438-3907

SOURCE S&P Dow Jones Indices

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