Signet Jewelers Set to Join the S&P 500; PAREXEL International, Catalent to Join the S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, July 24, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P MidCap 400 constituent Signet Jewelers Limited (NYSE:SIG) will replace DIRECTV (NASD:DTV) in the S&P 500, S&P SmallCap 600 constituent PAREXEL International Corp. (NASD:PRXL) will replace Signet Jewelers in the S&P MidCap 400, and Enanta Pharmaceuticals (NASD:ENTA) will replace PAREXEL International in the S&P SmallCap 600 effective after the close of trading on Tuesday, July 28. S&P 100 & 500 constituent AT&T Inc. (NYSE:T) acquired DIRECTV in a deal completed today.
• Barnes & Noble Education Inc. (NYSE:BNEDwi) will replace A. M. Castle & Co, Inc. (NYSE:CAS) in the S&P SmallCap 600 effective after the close of trading on Friday, July 31. S&P SmallCap 600 constituent Barnes & Noble Inc. (NYSE: BKS) is spinning off Barnes & Noble Education to shareholders in a transaction expected to be completed on that date. Barnes & Noble will remain in the S&P SmallCap 600 following completion of the transaction. A.M. Castle is ranked near the bottom the S&P SmallCap 600
• Catalent Inc. (NYSE:CTLT) will replace JDS Uniphase Corp. (NASD:JDSU) in the S&P MidCap 400 and JDS Uniphase will replace Susquehanna Bancshares Inc. (NASD:SUSQ) in the S&P SmallCap 600 effective after the close of trading on Friday, July 31. S&P 500 constituent BB&T Corp. (NYSE:BBT) is acquiring Susquehanna Bancshares in a transaction expected to be completed on or about that date pending final approvals. JDS Uniphase is spinning off assets that will result in the company being more representative of the small-cap market space.
• Lumentum Holdings Inc. (NASD:LITEV) will replace Comstock Resources Inc. (NYSE:CRK) in the S&P SmallCap 600 effective after the close of trading on Monday, August 3. New S&P SmallCap 600 constituent JDS Uniphase Corp. (NASD: JDSU) is spinning off Lumentum Holdings to shareholders in a transaction expected to be completed on that date. Post spin-off, JDS Uniphase, which is changing its name to Viavi Solutions Inc., will remain in the S&P SmallCap 600. Comstock Resources is ranked at the bottom the S&P SmallCap 600.

Signet Jewelers Limited engages in the retail sale of jewelry and watches. Headquartered in Hamilton, Bermuda the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

PAREXEL International is a biopharmaceutical outsourcing services company. Headquartered in Waltham, MA, the company will be added to the S&P MidCap 400 GICS Life Science Tools & Services Sub-Industry index.

Enanta Pharmaceuticals is a biotechnology company. Headquartered in Watertown, MA, the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.

Barnes & Noble Education provides bookstore operation services. Headquartered in Basking Ridge, NJ, the company will be added to the S&P SmallCap 600 GICS Specialty Stores Sub-Industry index.

Catalent provides advanced delivery technologies and development solutions for drugs, biologics, and consumer health products. Headquartered in Somerset, NJ, the company will be added to the S&P MidCap 400 GICS Pharmaceuticals Sub-Industry index.

JDS Uniphase provides network and service enablement solutions.  Headquartered in Milpitas, CA, the company will be added to the S&P SmallCap 600 GICS Communications Equipment Sub-Industry index.

Lumentum is a provider of optical and photonic products.  Headquartered in Milpitas, California, the company will be added to the S&P SmallCap 600 GICS Communications Equipment 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:

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
[email protected] 

David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
[email protected] 

SOURCE S&P Dow Jones Indices