Washington Prime Group, NOW, Civeo Set to Join S&P MidCap 400; UTi Worldwide, General Cable, Matthews International to Join S&P

Washington Prime Group, NOW, Civeo Set to Join S&P MidCap 400; UTi Worldwide,         General Cable, Matthews International to Join S&P SmallCap 600  PR Newswire  NEW YORK, May 22, 2014  NEW YORK, May 22, 2014 /PRNewswire/ --S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:    oWashington Prime Group Inc. (NYSE:WPGwi) will replace UTi Worldwide Inc.     (NASD:UTIW) in the S&P MidCap 400, and UTi Worldwide will replace ArQule     Inc. (NASD:ARQL) in the S&P SmallCap 600 effective after the close of     trading on Wednesday, May 28. S&P 100 & 500 constituent Simon Property     Group Inc. (NYSE:SPG) is spinning off Washington Prime Group to     shareholders in a transaction expected to be completed after the close of     trading on that date. Post spin, Simon Property Group will remain in the     S&P 100 & 500. UTi Worldwide is ranked # 400 in the S&P MidCap 400 and is     more appropriate for the S&P SmallCap 600. ArQule is ranked #600 in the     S&P SmallCap 600 and is no longer representative of that index.    oNOW Inc. (NYSE:DNOWwi) will replace General Cable Corp. (NYSE:BGC) in the     S&P MidCap 400, and General Cable will replace PCTEL Inc. (NASD:PCTI) in     the S&P SmallCap 600 effective after the close of trading on Friday, May     30. S&P 100 & 500 constituent National Oilwell Varco Inc. (NYSE:NOV) is     spinning off NOW to shareholders in a transaction expected to be completed     after the close of trading on that date. Post spin, National Oilwell Varco     will remain in the S&P 100 & 500. General Cable is ranked near the bottom     of the S&P MidCap 400. PCTEL is ranked near the bottom of the S&P SmallCap     600 and is no longer representative of that index.    oCiveo Corp. (NYSE:CVEOwi) will replace Matthews International Corp.     (NASD:MATW) in the S&P MidCap 400, and Matthews International will replace     Sigma Designs Inc. (NASD:SIGM) in the S&P SmallCap 600 effective after the     close of trading on Friday, May 30. S&P MidCap 400 constituent Oil States     International Inc. (NYSE:OIS) is spinning off Civeo to shareholders in a     transaction expected to be completed after the close of trading on that     date. Post spin, Oil States International will remain in the S&P MidCap     400. Matthews International is ranked #399 in the S&P MidCap 400 and is     more appropriate for the S&P SmallCap 600. Sigma Designs is ranked #599 in     the S&P SmallCap 600 and is no longer appropriate for that index.  Washington Prime Group, operating as a Real Estate Investment Trust (REIT), owns a portfolio of strip centers and smaller enclosed mall properties. Headquartered in Indianapolis, IN, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Retail REITs Sub-Industry index.  UTi Worldwide is a non-asset-based supply chain services and solutions company. Headquartered in Long Beach, CA, the company will be added to the S&P SmallCap 600 GICS Air Freight & Logistics Sub-Industry index.  NOW distributes energy and industrial products. Headquartered in Houston, TX, the company will be added to the S&P MidCap 400 GICS Trading Companies & Distributors Sub-Industry index.  General Cable designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products. Headquartered in Highland Heights, KY, the company will be added to the S&P SmallCap 600 GICS Electrical Components & Equipment Sub-Industry index.  Civeo is a provider of long-term and temporary remote site accommodations, logistics and facility management services. Headquartered in Houston, TX, the company will be added to the S&P MidCap 400 GICS Diversified Support Services Sub-Industry index.  Matthews International operates as a designer, manufacturer, and marketer of memorialization products and solutions for the cemetery and funeral home industries. Headquartered in Pittsburgh, PA, the company will be added to the S&P SmallCap 600 GICS Specialized Consumer Services Sub-Industry index.  Following is a summary of the changes:  S&P MIDCAP 400 INDEX – May 28, 2014         COMPANY                GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED   Washington Prime Group Finance              Retail REITs DELETED UTi Worldwide          Industrials          Air Freight & Logistics    S&P SMALLCAP 600 INDEX – May 28, 2014         COMPANY       GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED   UTi Worldwide Industrials          Air Freight & Logistics DELETED ArQule        Health Care          Biotechnology    S&P MIDCAP 400 INDEX – May 30, 2014         COMPANY                GICS ECONOMIC SECTOR   GICS SUB-INDUSTRY ADDED   NOW                    Industrials            Trading Companies &                                                       Distributors         Civeo                  Industrials            Diversified Support                                                       Services DELETED General Cable          Industrials            Electrical Components &                                                       Equipment         Matthews International Consumer Discretionary Specialized Consumer                                                       Services    S&P SMALLCAP 600 INDEX – May 30, 2014         COMPANY                GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED   General Cable          Industrials          Electrical Components &                                                     Equipment         Matthews International Consumer             Specialized Consumer                                Discretionary        Services DELETED PCTEL                  Information          Communications Equipment                                Technology         Sigma Designs          Information          Semiconductors                                Technology  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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