S&P Indices announce changes

by Meat&Poultry Staff
Share This:

NEW YORK – S&P Indices will make changes to the S&P 500 and S&P MidCap 400 indices.

The Sara Lee stub will be renamed Hillshire Brands Co., and Hillshire Brands will replace Monster Beverage Inc. in the S&P MidCap 400 index after trading closes June 28. Sara Lee is spinning off its Coffee & Tea business. Monster Beverage will replace Sara Lee Corp. in the S&P 500 index.

Hillshire Brands will focus on meat-based food products. The company will be added to the S&P MidCap 400 GICS Packaged Foods & Meats Sub-Industry Index. S&P Indices is a McGraw-Hill Companies brand and maintains a wide variety of benchmark indices.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.

 

 


The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.