BRIEF-S&P Dow Jones Indices Provide List of Cos to be Impacted by 2018 GICS Structure revision

Jan 11 (Reuters) – S&P Dow Jones Indices:

* S&P DOW JONES INDICES AND MSCI ANNOUNCE SELECT LIST OF COMPANIES CHANGING DUE TO REVISIONS TO THE GICS® STRUCTURE IN 2018

* S&P DOW JONES INDICES SAYS THE TELECOMMUNICATION SERVICES SECTOR WILL BE BROADENED AND RENAMED COMMUNICATION SERVICES

* S&P DOW JONES INDICES- RENAMED TELECOMMUNICATION SECTOR WILL INCLUDE COS SELECTED FROM CONSUMER DISCRETIONARY SECTOR CURRENTLY UNDER MEDIA INDUSTRY GROUP

* S&P DOW JONES INDICES SAYS RENAMED TELECOMMUNICATION SECTOR WILL ALSO INCLUDE SELECT COS FROM INTERNET & DIRECT MARKETING RETAIL SUB-INDUSTRY

* S&P DOW JONES INDICES – RENAMED TELECOMMUNICATION SECTOR WILL ALSO INCLUDE CERTAIN COS CURRENTLY UNDER INFORMATION TECH SECTOR, INCLUDING ALPHABET, FACEBOOK

* S&P DOW JONES INDICES – SELECT COS FROM INTERNET & DIRECT MARKETING RETAIL SUB-INDUSTRY TO BE INCLUDED UNDER RENAMED TELECOMMUNICATION SECTOR INCLUDE NETFLIX

* S&P DOW JONES INDICES – INTERNET & DIRECT MARKETING RETAIL SUB-INDUSTRY WILL BE UPDATED TO INCLUDE ALL ONLINE MARKETPLACES FOR CONSUMER PRODUCTS & SERVICES

* S&P DOW JONES INDICES – COS CURRENTLY UNDER INTERNET SOFTWARE & SERVICES SUB-INDUSTRY WILL BE MOVED TO NEW INTERNET SERVICES & INFRASTRUCTURE SUB-INDUSTRY

* S&P DOW JONES INDICES SAYS CLOUD-BASED SOFTWARE COS CURRENTLY CLASSIFIED AS INTERNET SOFTWARE & SERVICES WILL BE RECLASSIFIED AS APPLICATION SOFTWARE

* S&P DOW JONES INDICES SAYS EXISTING INTERNET SOFTWARE & SERVICES INDUSTRY AND SUB-INDUSTRY WILL BE DISCONTINUED Source text for Eikon: Further company coverage:

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BRIEF-S&P Dow Jones Indices Provide List of Cos to be Impacted by 2018 GICS Structure revision
BRIEF-S&P Dow Jones Indices Provide List of Cos to be Impacted by 2018 GICS Structure revision

Walmart hikes minimum wage, announces layoffs on same day

NEW YORK Walmart on Thursday said it will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month’s major corporate tax cut and on the same day said it will shut stores and lay off thousands of workers. | Video

House passes NSA spying bill after Trump tweets cause confusion

BRIEF-S&P Dow Jones Indices Provide List of Cos to be Impacted by 2018 GICS Structure revision

The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool.  Full Article 

Source: Reuters

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