Time Set to Join S&P MidCap 400; Bob Evans Farms to Join S&P SmallCap 600
S&P Dow Jones Indices:
NEW YORK, NY – June 2, 2014 — Time Inc will replace Bob Evans Farms Inc. (NASD: BOBE) in the S&P MidCap 400, and Bob Evans Farms will replace Blyth Inc. (NYSE: BTH) in the S&P SmallCap 600 effective after the close of trading on Friday, June 6. S&P 100 & 500 constituent Time Warner Inc. (NYSE: TWX) is spinning off Time to shareholders in a transaction expected to be completed after the close of trading on that date. Post spin, Time Warner will remain in the S&P 100 & 500 indices. Bob Evans Farms is ranked # 400 in the S&P MidCap 400 and is more appropriate for the S&P SmallCap 600. Blyth is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of that index.