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The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [ 1 ] into which S&P has categorized all major public companies .
The weight of this sector on the S&P 500 decreased from about thirteen percent to nearly ten percent. [1] On top of these changes, the Information Technology sector suffered the biggest decrease in weight on the S&P 500 due to the shift of powerhouse companies into this new Communications Services sector.
S&P 500 and S&P 100 constituent ExxonMobil acquired Pioneer Natural Resources. [10] April 3, 2024: XRAY: Dentsply Sirona: Market capitalization change. [11] April 3, 2024: VFC: VF Corporation: Market capitalization change. [11] April 2, 2024 GEV GE Vernova: S&P 500 and 100 constituent General Electric Corp. spun off GE Vernova. [11] April 1 ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The Standard and Poor's 500, or simply the S&P 500, [5] is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an ...
S&P Global Market Intelligence is a provider of multi-asset class and real-time data, research, news and analytics to institutional investors, investment and commercial banks, insurance companies, investment advisors and wealth managers, corporations, and universities.
This article is in list format but may read better as prose. ... S&P 500 component; ... Industry: Petroleum industry: Founded: December 6, 1954; 70 years ago ...
In 1998, Quintiles becomes the first company in the industry to break the $1 billion mark, when it reports net revenues of $1.19 billion. In 1999, the company joins the S&P 500 Index. In 2003, the Board of Directors agrees to merge with Pharma Services Holdings Inc; Quintiles becomes a private company.