Kraft Heinz Set to Join S&P 100; Charter Communications to Join S&P 500

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NEW YORK, Aug. 31, 2016 /PRNewswire/ -- S&P 500 constituent The Kraft Heinz Company KHC will replace EMC Corp. EMC in the S&P 100, and Charter Communications Inc. CHTR will replace EMC in the S&P 500 after the close of trading on Wednesday, September 7.  Privately held Dell Corp. is acquiring EMC in a deal expected to be completed on or about that date, pending final conditions.

The Kraft Heinz Company, headquartered in Pittsburgh, PA, manufactures and markets food and beverage products.

Charter Communications provides cable services. Headquartered in Stamford, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Cable & Satellite Sub-Industry index.

Following is a summary of the changes:

S&P 100 INDEX – SEPTEMBER 7, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

The Kraft Heinz
Company

Consumer Staples

Packaged Foods & Meats

DELETED

EMC

Information Technology

Technology Hardware,
Storage & Peripherals

 

S&P 500 INDEX – SEPTEMBER 7, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Charter
Communications

Consumer Discretionary

Cable & Satellite

DELETED

EMC

Information Technology

Technology Hardware,
Storage & Peripherals

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global SPGI, which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kraft-heinz-set-to-join-sp-100-charter-communications-to-join-sp-500-300321081.html

SOURCE S&P Dow Jones Indices

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