Hain Celestial Group Set to Join the S&P MidCap 400; Green Plains Renewable to Join S&P SmallCap 600

Thu Dec 19, 2013 6:12pm EST

* Reuters is not responsible for the content in this press release.

Hain Celestial Group Set to Join the S&P MidCap 400; Green Plains Renewable to Join S&P SmallCap 600

PR Newswire

NEW YORK, Dec. 19, 2013 /PRNewswire/ -- S&P SmallCap 600 constituent The Hain Celestial Group Inc. (NASD: HAIN) will replace NV Energy Inc. (NYSE: NVE), in the S&P MidCap 400, and Green Plains Renewable Energy Inc. (NASD: GPRE) will replace The Hain Celestial Group in the S&P SmallCap 600 after the close of trading on Monday, December 23. A subsidiary of S&P 100 & 500 constituent Berkshire Hathaway Inc. (NYSE: BRK.B) acquired NV Energy in a deal that closed today.

The Hain Celestial Group manufactures, markets, distributes, and sells organic and natural products. Headquartered in Lake Success, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Packaged Foods & Meats Sub-Industry index.

Green Plains Renewable Energy engages in the production, marketing, and distribution of ethanol. Headquartered in Omaha, NE, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Oil & Gas Refining & Marketing Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – December 23, 2013


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

The Hain Celestial Group

Consumer Staples

Packaged Foods & Meats

DELETED

NV Energy

Utilities

Electric Utilities

 

S&P SMALLCAP 600 INDEX – December 23, 2013


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Green Plains Renewable Energy

Energy

Oil & Gas Refining & Marketing

DELETED

The Hain Celestial Group

Consumer Staples

Packaged Foods & Meats

 

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.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.  

Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").  These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.