Charter Communications to Join S&P 500

NEW YORK — S&P 500 member The Kraft Heinz Company (NASD: KHC) will replace EMC Corp. (NYSE: EMC) in the S&P 100, and Charter Communications Inc. (NASD: CHTR) will replace EMC in the S&P 500 after the close of trading on Wednesday, September 7.

Privately held Dell Corp. is acquiring EMC in a deal expected to be completed on or about September 7, pending final conditions.

The Kraft Heinz Company, headquartered in Pittsburgh, PA, manufactures and markets food and beverage products.

Charter Communications provides cable services. Headquartered in Stamford, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Cable & Satellite Sub-Industry index.

Following is a summary of the changes:

S&P 100 INDEX – SEPTEMBER 7, 2016

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

The Kraft Heinz
Company

Consumer Staples

Packaged Foods & Meats

DELETED

EMC

Information Technology

Technology Hardware,
Storage & Peripherals

 

S&P 500 INDEX – SEPTEMBER 7, 2016

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Charter
Communications

Consumer Discretionary

Cable & Satellite

DELETED

EMC

Information Technology

Technology Hardware,
Storage & Peripherals