Danaher, Duke Energy and NextEra Energy Set to Join the S&P 100

Mar 11, 2016, 18:23 ET from S&P Dow Jones Indices

NEW YORK, March 11, 2016 /PRNewswire/ -- S&P 500 constituents Danaher Corp. (NYSE: DHR), Duke Energy Corp. (NYSE: DUK) and NextEra Energy Inc. (NYSE: NEE) will replace S&P 500 constituents Devon Energy Corp. (NYSE: DVN), Anadarko Petroleum Corp. (NYSE: APC) and Norfolk Southern Corp. (NYSE: NSC) in the S&P 100 after the close of trading on Friday, March 18. All companies being removed from the S&P 100 will remain in the S&P 500. All companies being added to the S&P 100 are more representative of the U.S. mega-cap equity space.

Danaher, headquartered in Washington, DC, designs, manufactures, and markets professional, medical, industrial, and commercial products and services.

Duke Energy, headquartered in Charlotte, NC, operates as an energy company.

NextEra Energy, headquartered in Juno Beach, FL, generates, transmits, and distributes electric energy.

Following is a summary of the changes:

S&P 100 INDEX – March 18, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Danaher

Industrials

Industrial Conglomerates


Duke Energy

Utilities

Electric Utilities


NextEra Energy

Utilities

Electric Utilities

DELETED

Devon Energy

Energy

Oil & Gas Exploration & Production


Anadarko Petroleum

Energy

Oil & Gas Exploration & Production


Norfolk Southern

Industrials

Railroads

 

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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