NEW YORK, July 20, 2020 /PRNewswire/ -- S&P
SmallCap 600 constituent Emergent BioSolutions Inc. (NYSE: EBS)
will replace Caesars Entertainment Corp. (NASD: CZR) in the S&P
MidCap 400, and First Hawaiian Inc. (NASD:FHB) will replace
Emergent BioSolutions in the S&P SmallCap 600 effective prior
to the opening of trading on Friday, July
24. S&P MidCap 400 constituent Eldorado Resorts Inc.
(NASD:ERI) acquired Caesars Entertainment in a deal completed
today. Post-merger, Eldorado Resorts will change its name to
Caesars Entertainment and its ticker to CZR. It will remain in the
S&P MidCap 400.
Emergent BioSolutions is a life sciences company that focuses on
the provision of specialty products for civilian and military
populations that address accidental, deliberate, and naturally
occurring public health threats. Headquartered in Gaithersburg, MD, the company will be added
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Biotechnology Sub-Industry index.
First Hawaiian provides a range of banking services to consumer
and commercial customers. Headquartered in Honolulu, HI, the company will be added the
S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – JULY 24, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Emergent
Biosolutions
|
Health
Care
|
Biotechnology
|
|
DELETED
|
Caesars
Entertainment
|
Consumer
Discretionary
|
Casinos &
Gaming
|
|
S&P SMALLCAP
600 INDEX – JULY 24, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
First
Hawaiian
|
Financials
|
Regional
Banks
|
|
DELETED
|
Emergent
Biosolutions
|
Health
Care
|
Biotechnology
|
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 been innovating and developing indices across the
spectrum of asset classes helping to 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
Media Inquiries
spdji.comms@spglobal.com
View original
content:http://www.prnewswire.com/news-releases/emergent-biosolutions-set-to-join-sp-midcap-400-first-hawaiian-to-join-sp-smallcap-600-301096523.html
SOURCE S&P Dow Jones Indices