NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Cooper-Standard
Holdings (NYSE: CPS) will replace QLogic Corp. (NASD: QLGC) in the
S&P SmallCap 600 after the close of trading on Wednesday, August 10. Cavium Inc. (NASD: CAVM) is
acquiring QLogic Corp. in a deal expected to be completed soon
pending final approvals.
Cooper-Standard Holdings designs, manufactures, and sells
sealing, fuel and brake delivery, fluid transfer, and
anti-vibration systems. Headquartered in Novi, MI, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard)
Auto Parts & Equipment Sub-Industry index.
Following is a summary of the change:
|
S&P SMALLCAP
600 INDEX – AUGUST 10, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Cooper-
Standard
|
Consumer
Discretionary
|
Auto Parts &
Equipment
|
|
DELETED
|
QLogic
|
Information
Technology
|
Electronic
Manufacturing
Services
|
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SOURCE S&P Dow Jones Indices