2014

Umpqua Holdings Set to Join S&P MidCap 400; Scientific Games to Join S&P SmallCap 600

NEW YORK, April 14, 2014 /PRNewswire/ -- S&P SmallCap 600 constituent Umpqua Holdings Corp. (NASD:UMPQ) will replace Scientific Games Corp. (NASD:SGMS) in the S&P MidCap 400, and Scientific Games will replace Umpqua Holdings in the S&P SmallCap 600 after the close of trading on Thursday, April 17. Umpqua Holdings is acquiring Sterling Financial Corp (NASD:STSA) in a deal expected to be completed on April 18, pending final conditions. Umpqua Holdings will have a post-merger market capitalization that is more representative of the mid-cap market space. Scientific Game's current market capitalization is more representative of the small-cap market space.

Umpqua Holdings provides commercial and retail banking products and services. Headquartered in Portland, OR, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Scientific Games provides technology-based products and services, and associated content for gaming and lottery markets. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Casinos & Gaming Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – April 17, 2014


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Umpqua Holdings

Financials

Regional Banking

DELETED

Scientific Games

Consumer Discretionary

Casinos & Gaming

 

S&P SMALLCAP 600 INDEX – April 17, 2014


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Scientific Games

Consumer Discretionary

Casinos & Gaming

DELETED

Umpqua Holdings

Financials

Regional Banking

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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SOURCE S&P Dow Jones Indices



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