Market Overview

Charter Communications Set to Join S&P 100; Quintiles IMS Holdings and SBA Communications to Join S&P 500

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NEW YORK, Aug. 24, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100 and S&P 500 indices:

  • Quintiles IMS Holdings Inc. (NYSE: Q) will replace Whole Foods Market Inc. (NASD: WFM) in the S&P 500 effective prior to the open on Tuesday, August 29. S&P 100 & 500 constituent Amazon.com Inc. (NASD: AMZN) is acquiring Whole Foods Market in a deal expected to be completed on Monday, August 28.
  • S&P 500 constituent Charter Communications Inc. (NASD: CHTR) will replace E. I. du Pont de Nemours and Co. (NYSE: DD) in the S&P 100, and SBA Communications Corp. (NASD: SBAC) will replace E. I. du Pont de Nemours in the S&P 500 effective prior to the open on Friday, September 1. S&P 100 & 500 constituent The Dow Chemical Company (NYSE: DOW) is acquiring du Pont in a deal expected to be completed after the close on Thursday, August 31. Post-merger, the combined company, which will change its name to DowDuPont Inc. and trade under the ticker "DWDP", will remain in the S&P 100 & S&P 500.

Charter Communications, headquartered in Stamford, CT, provides cable services to residential and commercial customers.

Quintiles IMS Holdings provides integrated information and technology-enabled healthcare services. Headquartered in Durham, NC, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Life Sciences Tools & Services Sub-Industry index.

SBA Communications, a real estate investment trust (REIT), owns and operates wireless communications infrastructure.  Headquartered in Boca Raton, FL, the company will be added to the S&P 500 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – August 29, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Quintiles IMS
Holdings

Health Care

Life Sciences Tools &
Services

DELETED

Whole Foods
Market

Consumer Staples

Food Retail

 

S&P 100 INDEX – September 1, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Charter
Communications

Consumer Discretionary

Cable & Satellite

DELETED

du Pont

Materials

Diversified Chemicals

 

S&P 500 INDEX – September 1, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

SBA
Communications

Real Estate

Specialized REITs

DELETED

du Pont

Materials

Diversified Chemicals

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

ABOUT S&P DOW JONES INDICES

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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: 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:

S&P Dow Jones Indices
index_services@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 39077
david.blitzer@spglobal.com

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

Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com

Haw-Yan Man
EMEA Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com

Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com

 

View original content:http://www.prnewswire.com/news-releases/charter-communications-set-to-join-sp-100-quintiles-ims-holdings-and-sba-communications-to-join-sp-500-300509509.html

SOURCE S&P Dow Jones Indices

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