Ulta Salon, Cosmetics & Fragrance Set to Join the S&P 500; Tenet Healthcare to Join S&P MidCap 400

NEW YORK, April 7, 2016 /PRNewswire/ -- Ulta Salon, Cosmetics & Fragrance Inc. (NASD:ULTA) will replace Tenet Healthcare Corp. (NYSE:THC)  in the S&P 500, and Tenet Healthcare will replace Jarden Corp. (NYSE:JAH) in the S&P MidCap 400 after the close of trading on Friday, April 15. S&P 500 constituent Newell Rubbermaid Inc. (NYSE:NWL) is acquiring Jarden in a deal expected to be completed on or about that date pending final approvals. Tenet Healthcare has a market capitalization that is more representative of the mid-cap market space.

Ulta Salon, Cosmetics & Fragrance operates as a specialty retailer. Headquartered in Bolingbrook, IL, the company will be added to the S&P 500 (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

Tenet Healthcare primarily operates acute care hospitals and related healthcare facilities. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS Health Care Facilities Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX –  April 15, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Ulta Salon, Cosmetics & Fragrances	Consumer Discretionary	Specialty Stores
DELETED	Tenet Healthcare	Health Care	Health Care Facilities

 

S&P MIDCAP 400 INDEX – April 15, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Tenet Healthcare	Health Care	Health Care Facilities
DELETED	Jarden	Consumer Discretionary	Housewares & Specialties

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SOURCE S&P Dow Jones Indices

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