Previously Announced S&P 500 Addition Michael Kors to Join Index on November 12

NEW YORK, Nov. 8, 2013 /PRNewswire/ -- Previously announced addition Michael Kors Holdings Limited (NYSE: KORS) will replace NYSE Euronext Inc. (NYSE: NYX) in the S&P 500 after the close of trading on Tuesday, November 12. S&P 500 constituent IntercontinentalExchange Inc. (NYSE: ICE) is acquiring NYSE Euronext in a deal expected to be completed on or about that date.

Michael Kors engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. Headquartered in Hong Kong, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – Tuesday, November 12, 2013


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Michael Kors Holdings

Consumer Discretionary

Apparel Accessories & Luxury Goods

DELETED

NYSE Euronext

Financials

Specialized Finance

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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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com  
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@ spdji.com  
(212) 438-3907

 



 

SOURCE S&P Dow Jones Indices



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