NEW YORK, Nov. 26, 2012 /PRNewswire/ -- Dollar General
Corp. (NYSE:DG) will replace Cooper Industries plc (NYSE:CBE) in
the S&P 500 after the close of trading on Friday, November 30. S&P 500 constituent
Eaton Corp. (NYSE:ETN) is acquiring Cooper Industries in a deal
expected to be completed on or about that date pending final
approvals.
Dollar General operates as a discount retailer. Headquartered in
Goodlettsville, TN, the company
will be added to the S&P 500 GICS (Global Industry
Classification Standard) General Merchandise Stores Sub-Industry
index.
Following is a summary of the change:
S&P 500 INDEX –
November 30, 2012
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Dollar General
|
Consumer Discretionary
|
General Merchandise Stores
|
DELETED
|
Cooper Industries
|
Industrials
|
Electrical Components &
Equipment
|
Additions to and deletions from S&P
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investment merits of the companies involved.
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