NEW YORK, March 8, 2019 /PRNewswire/ -- XPO Logistics Inc. (NYSE: XPO) and Colfax Corp. (NYSE: CFX) will replace Diamond Offshore Drilling Inc. (NYSE: DO) and Big Lots Inc. (NYSE: BIG) respectively in the S&P MidCap 400, and Diamond Offshore Drilling and Big Lots will replace Maiden Holding Ltd. (NASD: MHLD) and Quorum Health Corp. (NYSE: QHC) respectively in the S&P SmallCap 600. Diamond Offshore Drilling and Big Lots have market capitalizations more representative of the small-cap market space. Maiden Holding and Quorum Health are ranked near the bottom of the S&P SmallCap 600. The changes will be effective prior to the open of trading on Monday, March 18 to coincide with the March rebalance. 

XPO Logistics provides transportation and logistics services. Headquartered in Greenwich, CT, the company will be added to the S&P MidCap 400 (Global Industry Classification Standard) GICS Air Freight & Logistics Sub-Industry index.

Colfax provides fabrication technology in addition to air and gas handling products and services. Headquartered in Annapolis Junction, MD, the company will be added to the S&P MidCap 400 GICS Industrial Machinery Sub-Industry index.

Diamond Offshore Drilling provides contract drilling services to the energy industry. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Drilling Sub-Industry index.

Big Lots is a community retailer. Headquartered in Columbus, OH, the company will be added to the S&P SmallCap 600 GICS General Merchandise Stores Sub-Industry index.

Following is a summary of the changes:

For more information about S&P Dow Jones Indices, please visit www.spdji.com.

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500^® and the Dow Jones Industrial Average^®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

David Blitzer

Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com 

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji_communications@spglobal.com

SOURCE S&P Dow Jones Indices

Related Links

http://www.spdji.com