TRI Pointe Group Set to Join the S&P MidCap 400

Aug 06, 2015, 18:11 ET from S&P Dow Jones Indices

NEW YORK, Aug. 6, 2015 /PRNewswire/ -- TRI Pointe Group Inc. (NYSE: TPH) will replace Informatica Corp. (NASD: INFA) in the S&P MidCap 400 after the close of trading on Friday, August 7. Informatica is being acquired by the Permira Funds and the Canada Pension Plan Investment Board in a deal completed today.

TRI Pointe Group designs, constructs, and sells single-family homes. Headquartered in Irvine, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Homebuilding Sub-Industry index.

Following is a summary of the change:

S&P MidCap 400 INDEX – August 7, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

TRI Pointe Group

Consumer Discretionary

Homebuilding

DELETED

Informatica

Information Technology

Application Software

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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