On Monday, Shares of Community Health Systems (NYSE:CYH), subtract -1.99% and closed at $11.31 in the last trading session. The last trading range of the stock ranges between $11.07 and $11.74. S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
- S&P SmallCap 600 constituent Cousins Properties Inc. (CUZ) will replace Community Health Systems, Inc. (CYH) in the S&P MidCap 400, Community Health Systems will replace Cousins Properties, and Ollie’s Bargain Outlet Holdings, Inc. (OLLI) will replace Parkway Properties Inc. (PKY) in the S&P SmallCap 600 after the close on Wednesday, October 5. Cousin Properties is acquiring Parkway Properties in a deal expected to be accomplished soon pending final conditions. Cousins Properties will have GICS change to Office REITs following the merger. Community Health Systems is ranked near the bottom of the S&P MidCap 400 and has a market capitalization more representative of the small-cap market space.
- Parkway Inc (PKY) will replace VOXX International Corp (VOXX) in the S&P SmallCap 600 after the close on Friday, October 7. Newly added S&P MidCap 400 constituent Cousins Properties Inc. is spinning off Parkway Inc. in a transaction that is expected to be accomplished by Thursday, October 6 pending final conditions. Cousins Properties will remain in the S&P MidCap 400 post spin off. Voxx International is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
- Cousins Properties, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio. Headquartered in Atlanta, GA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Office REITs Sub-Industry index.
Masco Corp (NYSE:MAS), dropped -1.02% and closed at $33.96 in the last trading session. The last trading range of the stock ranges between $33.68 and $34.40. The company’s Market capitalization is $11.24 Billion with the total Outstanding Shares of 326.20 million. Masco Corporation (MAS) declared that its Board of Directors declared a quarterly dividend of $.10 per common share, payable on November 14, 2016, to shareholders of record on October 14, 2016.
Headquartered in Taylor, Mich., Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and Hansgrohe® faucets, bath and shower fixtures; KraftMaid® and Merillat® cabinets; Milgard® windows and doors; and HotSpring® spas. We leverage our powerful brands across product categories, sales channels and geographies to create value for our customers and shareholders.
Pan American Silver Corp. (USA)(NASDAQ:PAAS), gained 0.57% and closed at $17.72 in the last trading session. The last trading range of the stock ranges between $17.45 and $18.08. During the 52-week trading session the minimum price at which share price traded, registered at $5.38 and reached to max level of $21.59. Pan American Silver Corp. (the “Company”) (PAAS) (PAA.TO) will declare its unaudited 2016 third quarter results on Monday, November 14, after market close. A conference call and webcast to discuss the results will be held on Tuesday, November 15 at 10:00 am ET (7:00 am PT). To take part in the conference call, please dial: 604-638-5340.