Tumi Holdings Set to Join the S&P SmallCap 600

Nov 18, 2015, 17:58 ET from S&P Dow Jones Indices

NEW YORK, Nov. 18, 2015 /PRNewswire/ -- Tumi Holdings Inc. (NYSE: TUMI) will replace IPC Healthcare Inc. (NASD: IPCM) in the S&P SmallCap 600 after the close of trading on Monday, November 23. Team Health Holdings Inc. (NYSE: TMH) is acquiring IPC Healthcare in a deal expected to be completed on or about that date pending final conditions.

Tumi Holdings designs, produces, and markets a range of travel and business products, and accessories.  Headquartered in South Plainfield, NJ, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – November 23, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Tumi Holdings

Consumer Discretionary

Apparel Accessories & Luxury Goods

DELETED

IPC Healthcare

Health Care

Health Care Services

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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