Facebook Set to Join the S&P 100 & 500; Alliance Data Systems and Mohawk to Join the S&P 500; Changes to the S&P MidCap 400 and the S&P SmallCap 600

NEW YORK, Dec. 11, 2013 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, December 20:

• Facebook Inc. (NASD:FB) will replace The Williams Companies Inc. (NYSE:WMB) in the S&P 100, and Facebook will replace Teradyne Inc. (NYSE:TER) in the S&P 500. Teradyne will replace Scholastic Corp. (NASD:SCHL) in the S&P MidCap 400, and Scholastic will replace Lincoln Education Services Corp. (NASD:LINC) in the S&P SmallCap 600. The Williams Company will remain in the S&P 500. Lincoln Education Services currently ranks 600th in the S&P SmallCap 600 and is no longer representative of the small cap market space.
• Two S&P 500 constituents will switch places with two S&P MidCap 400 constituents, and two S&P MidCap 400 constituents will switch places with two S&P SmallCap 600 constituents. These transfers will make each index more representative of its market capitalization range; the companies moving to the S&P 500 have market caps above $10 billion, the companies moving to the S&P MidCap 400 have market caps between $2 billion and $4.5 billion, and the companies moving to the S&P SmallCap 600 have market caps below $1 billion. The transfers will be as follows:
  
  S&P MidCap 400 constituents Alliance Data Systems Corp. (NYSE:ADS) and Mohawk Industries Inc. (NYSE:MHK) will replace Abercrombie & Fitch Co. (NYSE:ANF) and JDS Uniphase Corp. (NASD:JDSU) in the S&P 500, and, likewise, Abercrombie & Fitch and JDS Uniphase will replace Alliance Data Systems and Mohawk Industries in the S&P MidCap 400.
  
  S&P SmallCap 600 constituents Old Dominion Freight Line Inc. (NASD:ODFL) and Brunswick Corp. (NYSE:BC) will replace Arch Coal Inc. (NYSE:ACI)  and Regis Corp. (NYSE:RGS) in the S&P MidCap 400, and likewise, Arch Coal and Regis will replace Old Dominion Freight Line and Brunswick in the S&P SmallCap 600.

Facebook operates as a social networking company. Headquartered in Menlo Park, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index.

Teradyne provides automatic test equipment. Headquartered in North Reading, MA, the company will be added to the S&P MidCap 400 GICS Semiconductor Equipment Sub-Industry index.

Scholastic operates as a children's publishing, education, and media company. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Publishing Sub-Industry index.

Alliance Data Systems provides marketing and loyalty solutions.  Headquartered in Plano, TX, the company will be added to the S&P 500 GICS Data Processing & Outsourced Services Sub-Industry index.

Mohawk Industries produces floor covering products for residential and commercial applications. Headquartered in Calhoun, GA, the company will be added to the S&P 500 GICS Home Furnishings Sub-Industry index.

Abercrombie & Fitch operates as a specialty retailer of casual apparel. Headquartered in New Albany, OH, the company will be added to the S&P MidCap 400 GICS Apparel Retail Sub-Industry index.

JDS Uniphase provides communications test and measurement solutions, and optical products. Headquartered in Milpitas, CA, the company will be added to the S&P MidCap 400 GICS Communications Equipment Sub-Industry index.

Old Dominion Freight Line operates as a less-than-truckload (LTL) motor carrier. Headquartered in Thomasville, NC, the company will be added to the S&P MidCap 400 GICS Trucking Sub-Industry index.

Brunswick designs, manufactures, and markets recreation products. Headquartered in Lake Forest, IL, the company will be added to the S&P MidCap 400 GICS Leisure Products Sub-Industry index.

Arch Coal engages in the production and sale of steam and metallurgical coal. Headquartered in St. Louis, MO, the company will be added to the S&P SmallCap 600 GICS Coal & Consumable Fuels Sub-Industry index.

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. Headquartered in Edina, MN, the company will be added to the S&P SmallCap 600 GICS Specialized Consumer Services Sub-Industry index.

Following is a summary of the changes:

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 
[email protected]
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
[email protected]
(212) 438-3907

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