NEW YORK, Jan. 20, 2015
/PRNewswire/ -- Dana Holding Corp. (NYSE: DAN) will replace
Cubist Pharmaceuticals Inc. (NASD: CBST) in the S&P MidCap 400
after the close of trading on Thursday,
January 22. S&P 100 & 500 constituent Merck &
Co. Inc. (NYSE: MRK) is acquiring Cubist Pharmaceuticals in a
transaction expected to be completed soon, pending final
conditions.
Dana Holding Corporation manufactures and sells driveline,
sealing, and thermal-management products for vehicle manufacturers.
Headquartered in Maumee, OH, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Auto Parts & Equipment
Sub-Industry index.
Following is a summary of the change:
|
S&P MIDCAP 400
INDEX – January 22, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Dana
Holding
|
Consumer
Discretionary
|
Auto Parts &
Equipment
|
|
DELETED
|
Cubist
Pharmaceuticals
|
Health
Care
|
Biotechnology
|
|
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.
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