Cirrus Logic Set to Join the S&P MidCap 400; Amphastar Pharmaceuticals to Join S&P SmallCap 600

NEW YORK, Sept. 19, 2016 /PRNewswire/ -- S&P SmallCap 600 constituent Cirrus Logic Inc. (NASD: CRUS) will replace Fairchild Semiconductor International Inc. (NASD: FCS) in the S&P MidCap 400, and  Amphastar Pharmaceuticals Inc. (NASD: AMPH) will replace Cirrus Logic in the S&P SmallCap 600 after the close of trading on Wednesday, September 21. ON Semiconductor Corp. (NASD: ON) is acquiring Fairchild Semiconductor in a deal completed today.

Cirrus Logic, a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits. Headquartered in Austin, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductors Sub-Industry index.

Amphastar Pharmaceuticals, a specialty pharmaceutical company, focuses on the development, manufacture, marketing, and sale of generic and proprietary injectable, inhalation, and intranasal products. Headquartered in Rancho Cucamonga, CA, the company will be added to the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry index

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – SEPTEMBER 21, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Cirrus Logic	Information Technology	Semiconductors
DELETED	Fairchild Semiconductor	Information Technology	Semiconductors

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 21, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Amphastar Pharmaceuticals	Health Care	Pharmaceuticals
DELETED	Cirrus Logic	Information Technology	Semiconductors

 

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