Unifi, Central Pacific Financial Set to Join the SmallCap 600

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NEW YORK, Dec. 23, 2014 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 after the close of trading on Wednesday, December 31:

  • Unifi Inc. UFI will replace SWS Group Inc. SWS. Hilltop Holdings Inc. HTH is acquiring SWS Group in a deal expected to be completed on or about December 31, pending final conditions.
  • Central Pacific Financial Corp. CPF will replace TriQuint Semiconductor Inc. TQNT. S&P MidCap 400 constituent RF Micro Devices Inc. RFMD is acquiring TriQuint Semiconductor in a deal expected to be completed on or about December 31, pending final conditions.

Unifi manufactures and sells polyester and nylon yarn products.  Headquartered in Greensboro, NC, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Textiles Sub-Industry index.

Central Pacific Financial provides commercial banking services. Headquartered in Honolulu, HI, the company will be added to the S&P SmallCap 600 Regional Banks Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – December 31, 2014


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Unifi

Consumer Discretionary

Textiles


Central Pacific Financial

Financials

Regional Banks

DELETED

SWS Group

Financials

Investment Banking & Brokerage


TriQuint Semiconductor

Information Technology

Semiconductors

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 Average®, 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 1,000,000 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.  

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), 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:
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com 

David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/unifi-central-pacific-financial-set-to-join-the-smallcap-600-300013831.html

SOURCE S&P Dow Jones Indices

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