To: Jerome who wrote (2170 ) 10/29/2014 2:55:42 PM From: Kirk © Respond to of 26450 Agilent spins off Keysight (KEYS) Friday.Keysight Technologies and Halyard Health Set to Join the S&P MidCap 400; Universal and ADTRAN to Join the S&P SmallCap 600 S&P Dow Jones IndicesOctober 27, 2014 6:34 PMfinance.yahoo.com NEW YORK, Oct. 27, 2014 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective after the close of trading on Friday, October 31:Keysight Technologies Inc. (NYSE:KEYSwi) will replace Universal Corp. ( UVV ) in the S&P MidCap 400, and Universal will replace Rubicon Technology Inc. ( RBCN ) in the S&P SmallCap 600. S&P 500 constituent Agilent Technologies Inc. (NYSE:A) is spinning off Keysight Technologies in a transaction expected to be completed on that date. Agilent will remain in the S&P 500 following the distribution. Universal's market capitalization is approximately $1.0 billion, making it more representative of the small cap market space. Rubicon Technology is ranked at the bottom of the S&P SmallCap 600. Halyard Health Inc. (NYSE:HYHwi) will replace ADTRAN Inc. ( ADTN ) in the S&P MidCap 400, and ADTRAN will replace Forest Oil Corp. ( FST ) in the S&P SmallCap 600. S&P 500 constituent Kimberly-Clark Corp. ( KMB ) is spinning off Halyard Health in a transaction expected to be completed on that date. Kimberly-Clark will remain in the S&P 500 following the distribution. ADTRAN's market capitalization is below $1.2 billion, making it more representative of the small cap market space. Forest Oil is ranked near the bottom of the S&P SmallCap 600.Keysight Technologies provides electronic measurement solutions. Headquartered in Santa Rosa, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electronic Equipment & Instruments Sub-Industry index. Universal operates as a leaf tobacco merchant and processor. Headquartered in Richmond, VA, the company will be added to the S&P SmallCap 600 GICS Tobacco Sub-Industry index. Halyard Health sells surgical and anti-infection products for operating rooms. Headquartered in Alpharetta, GA, the company will be added to the S&P MidCap 400 GICS Health Care Supplies Sub-Industry index. ADTRAN manufactures and sells networking and communications equipment. Headquartered in Huntsville, AL, the company will be added to the S&P SmallCap 600 GICS Communications Equipment Sub-Industry index. Following is a summary of the changes:S&P MIDCAP 400 INDEX – October 31, 2014 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Keysight Technologies Information Technologies Electronic Equipment & Instruments Halyard Health Health Care Health Care Supplies DELETED Universal Consumer Staples Tobacco ADTRAN Information Technology Communications Equipment
S&P SMALLCAP 600 INDEX – October 31, 2014 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Universal Consumer Staples Tobacco ADTRAN Information Technology Communications Equipment DELETED Rubicon Technology Information Technology Semiconductor Equipment Forest Oil Energy Oil & Gas Exploration & Production
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.