Here is the list of changes:
S&P MidCap 400 constituent The Dun & Bradstreet Corp. will replace Liz Claiborne Inc. in the S&P 500, Thoratec Corp will replace Dun & Bradstreet in the S&P MidCap 400, and Liz Claiborne will replace Material Sciences Corp. in the S&P SmallCap 600 after the close of trading on 1 December, Monday. As to close of trading on 26 November, Liz Claiborne’s market capitalization made it more appropriate for inclusion in the S&P SmallCap 600, and Material Sciences had a market capitalization of approximately $17 million, whereas the minimum market capitalization needed for admission to the S&P SmallCap 600 index is currently $250 million.
S&P MidCap 400 constituent Republic Services Incwill replace Allied Waste Industries Inc. in the S&P 500, and FTI Consulting Inc. will replace Republic Services in the S&P MidCap 400 after the close of trading on 3 December Wednesday. Allied Waste Industries is being acquired by Republic Services in a transaction expected to be completed on or about that date, pending final approvals.
Liz Claiborne designs and markets a portfolio of retail-based brands. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Apparel, Accessories & Luxury Goods Sub-Industry index.
Republic Services is a provider of environmental services. The combined company will be headquartered in Phoenix, AZ, and will be added to the S&P 500 GICS Environmental & Facilities Services Sub-Industry index.
FTI Consulting is a business advisory firm. Headquartered in West Palm Beach, FL, the company will be added to the S&P MidCap 400 GICS Research & Consulting Services Sub-Industry index.
Dun & Bradstreet provides business information. Headquartered in Short Hills, NJ, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Research & Consulting Services Sub-Industry index.
Thoratec is a manufacturer of circulatory support products. Headquartered in Pleasanton, CA, the company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.
L.D.