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Weight Watchers International Set to Join S&P MidCap 400; KLX Energy Services Holdings to Join S&P SmallCap 600

NEW YORK, Sept. 7, 2018 /PRNewswire/ -- Weight Watchers International Inc. (WTW) will replace KLX Inc. (KLXI) in the S&P MidCap 400, and KLX Energy Services Holdings Inc. (KLXEV) will replace FTD Companies Inc. (FTD) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, September 18, 2018.  S&P 500 constituent The Boeing Co. (BA) is acquiring KLX in a transaction expected to be completed on Monday, September 17 pending final conditions. Immediately prior to its acquisition, KLX will spin-off KLX Energy Services Holdings to shareholders. FTD Companies is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.

Weight Watchers provides weight management services. Headquartered in New York, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialized Consumer Services Sub-Industry index.

KLX Energy Services is a provider of completion, intervention and production services and products to the major onshore oil and gas producing regions. Headquartered in Wellington, FL, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – SEPTEMBER 18, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Weight
Watchers
International

Consumer Discretionary

Specialized Consumer
Services

DELETED

KLX

Industrials

Aerospace & Defense

 

S&P SMALLCAP 600 INDEX – SEPTEMBER 18, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

KLX Energy
Services

Energy

Oil & Gas Equipment &
Services

DELETED

FTD Companies

Consumer Discretionary

Internet & Direct
Marketing Retail

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david.blitzer@spglobal.com

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