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Delphi Automotive Set to Join Samp;;P 500


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Delphi Automotive Set to Join S&P 500 -- NEW YORK, Dec. 18, 2012 /PRNewswire/ --

NEW YORK, Dec. 18, 2012 /PRNewswire/ -- Delphi Automotive plc (NYSE: [ DLPH ]) will replace Titanium Metals Corp. (NYSE: [ TIE ]) in the S&P 500 after the close of trading on Friday, December 21. S&P 500 constituent Precision Castparts Corp. (NYSE: [ PCP ]) is acquiring Titanium Metals in a deal expected to be completed soon pending final approvals.      

Delphi Automotive manufactures vehicle components. Headquartered in Gillingham, England, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Auto Parts & Equipment Sub-Industry index.

Following is a summary of the change:

S&P 500 – December 21, 2012


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Delphi Automotive

Consumer Discretionary

Automotive Parts & Equipment

DELETED

Titanium Metals

Materials

Diversified Metals & Mining

 

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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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
[ dave_guarino@spdji.com ]
(201) 755-5334

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
[ david_blitzer@spdji.com ]
(917) 376-1204


 

SOURCE S&P Dow Jones Indices



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