Peoples Energy (NYSE:PGL)
Historical Stock Chart
From Dec 2019 to Dec 2024
NEW YORK, Feb. 7 /PRNewswire/ -- Standard & Poor's will make the following changes to the S&P 500, S&P MidCap 400, S&P SmallCap 600, and S&P REIT Composite indices:
* S&P MidCap 400 constituent Varian Medical Systems Inc. (NYSE:VAR) will
replace Equity Office Properties Trust (NYSE:EOP) in the S&P 500, S&P
SmallCap 600 constituent Cerner Corp. (NASD: CERN) will replace Varian
in the S&P MidCap 400, PSS World Medical Inc. (NASD: PSSI) will replace
Cerner in the S&P SmallCap 600, and Extra Space Storage Inc.
(NYSE:EXR) will replace Equity Office in the S&P REIT Composite after
the close of trading on a date to be announced. Equity Office is being
acquired by The Blackstone Group in a deal that is still pending final
approvals.
* Integrys Energy Group, Inc. will replace Peoples Energy Corp.
(NYSE:PGL) in the S&P 500 and Netflix, Inc. (NASD: NFLX) will replace
WPS Resources Corp. (NYSE:WPS) in the S&P MidCap 400 after the close
of trading on a date to be announced. Peoples Energy is being acquired
by WPS Resources in a deal that is still pending final approvals. Upon
completion of the deal, WPS Resources will change its name to Integrys
Energy Group, Inc. and will trade on the New York Stock Exchange under
the symbol TEG.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.
Varian manufactures and sells integrated cancer therapy systems. Headquartered in Palo Alto, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.
Integrys will operate in the energy and energy related businesses. Headquartered in Chicago, IL, the company will be added to the S&P 500 GICS Multi-Utilities Sub-Industry index.
Cerner supplies healthcare information technology solutions. Headquartered in North Kansas City, MO, the company will be added to the S&P MidCap 400 GICS Health Care Technology Sub-Industry index.
Netflix operates as an online movie rental subscription service provider. Headquartered in Los Gatos, CA, the company will be added to the S&P MidCap 400 GICS Internet Retail Sub-Industry index.
PSS World Medical distributes medical products, equipment, and pharmaceutical related products to alternate-site healthcare providers. Headquartered in Jacksonville, FL, the company will be added to the S&P SmallCap 600 GICS Health Care Distributors Sub-Industry index.
Extra Space Storage is a REIT that engages in the ownership, operation, acquisition, development, and redevelopment of self-storage facilities. Headquartered in Salt Lake City, UT, the company will be added to the S&P REIT Composite Specialized REITs sub-industry.
Following is a summary of the changes:
S&P 500 INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Varian Health Care Health Care Equipment
DELETED Equity Office Financials Office REITs
Properties
S&P 500 INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Integrys Energy Utilities Multi-Utilities
DELETED Peoples Energy Utilities Gas Utilities
S&P MIDCAP 400 INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Cerner Health Care Health Care Technology
DELETED Varian Health Care Health Care Equipment
S&P MIDCAP 400 INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Netflix Consumer Discretionary Internet Retail
DELETED WPS Resources Utilities Multi-Utilities
S&P SMALLCAP 600 INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED PSS World Medical Health Care Health Care Distributors
DELETED Cerner Health Care Health Care Technology
S&P REIT COMPOSITE INDEX - To Be Announced
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Extra Space Storage Financials Specialized REITs
DELETED Equity Office Properties Financials Office REITs
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
+1-212-438-3907
Web site: http://www.standardandpoors.com/
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