Kraft Heinz Set to Join S&P 100; Charter Communications to Join S&P 500
NEW YORK, Aug. 31, 2016 /PRNewswire/ -- S&P 500 constituent The Kraft Heinz Company (NASD: KHC) will replace EMC Corp. (NYSE: EMC) in the S&P 100, and Charter Communications Inc. (NASD: CHTR) will replace EMC in the S&P 500 after the close of trading on Wednesday, September 7. Privately held Dell Corp. is acquiring EMC in a deal expected to be completed on or about that date, pending final conditions.
The Kraft Heinz Company, headquartered in Pittsburgh, PA, manufactures and markets food and beverage products.
Charter Communications provides cable services. Headquartered in Stamford, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Cable & Satellite Sub-Industry index.
Following is a summary of the changes:
| S&P 100 INDEX – SEPTEMBER 7, 2016 |
|||
| COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
| ADDED |
The Kraft Heinz |
Consumer Staples |
Packaged Foods & Meats |
| DELETED |
EMC |
Information Technology |
Technology Hardware, |
| S&P 500 INDEX – SEPTEMBER 7, 2016 |
|||
| COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
| ADDED |
Charter |
Consumer Discretionary |
Cable & Satellite |
| DELETED |
EMC |
Information Technology |
Technology Hardware, |
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FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]
SOURCE S&P Dow Jones Indices
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