Standard & Poor's Announces Change to U.S. Index
NEW YORK, July 11, 2011 /PRNewswire/ -- General Cable Corp. (NYSE: BGC) will replace SRA International Inc. (NYSE: SRX) in the S&P MidCap 400 index after the close of trading on Friday, July 15. Providence Equity Partners LLC is acquiring SRA International in a deal expected to be completed on or about that date pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.
General Cable Corporation provides copper, aluminum, and fiber optic wire and cable products. Headquartered in Highland Heights, KY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electrical Components & Equipment Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – July 15, 2011
GICS ECONOMIC SECTOR
Electrical Components & Equipment
IT Consulting & Other Services
For more information about S&P Indices, please visit www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
SOURCE Standard & Poor's
More by this Source
S&P Capital IQ Picks MCK Focus Stock of the Week
Jan 06, 2014, 13:56 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.