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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Maxim Integrated Products Inc | NASDAQ:MXIM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 103.14 | 103.50 | 103.50 | 0 | 01:00:00 |
By Patrick Thomas
Three new companies were named Monday to join the S&P 500 index, according to S&P Dow Jones Indices.
Food-processing company Lamb Weston Holdings Inc. (LW) will replace Rockwell Collins Inc., which is being acquired by United Technologies Corp., in the S&P 500 index, and circuit manufacturer Maxim Integrated Products Inc. (MXIM) will replace Aetna Inc. CVS Health Corp. is acquiring Aetna in a $69 billion deal, which is expected to close on Wednesday.
Diamondback Energy Inc. (FANG) is also taking Stericycle Inc.'s place in the S&P 500. Stericycle replaces Energen Corp., which Diamondback announced it was acquiring in a $9.2 billion deal in August, in the S&P MidCap 400.
S&P Dow Jones Indices, a division of S&P Global Inc., said Stericycle has a market capitalization more appropriate for the mid-cap market space.
The changes will take effect before the opening of trading on Dec. 3, S&P Dow Jones Indices said Monday.
The moves also mean that mutual and exchange-traded funds that track the S&P 500 will have to add Lamb Weston, Maxim and Diamondback Energy to their holdings.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
November 26, 2018 18:29 ET (23:29 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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