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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cameron International Corp. | NYSE:CAM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 66.01 | 0 | 00:00:00 |
By Maria Armental
Foot Locker Inc. will replace Cameron International Corp. in the S&P 500 index after the close of trading on April 1, according to S&P Dow Jones Indices.
Houston-based Cameron International is being bought out by oil services giant Schlumberger Ltd. in a cash-and-stock deal valued at $12.7 billion.
Meanwhile, real-estate investment trust DCT Industrial Trust Inc. will take over Foot Locker's spot in the S&P MidCap 400.
Shares of companies that join the S&P 500 often rise as portfolio managers who track the index buy shares.
Foot Locker's shares, up 5% over the past 12 months, rose 1.8% to $66.35 in after-hours trading.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 28, 2016 18:43 ET (22:43 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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