8-7-13 5:46 PM EDT | Email Article

NEW YORK, Aug. 7, 2013 /PRNewswire/ -- Cardinal Financial Corp. (NASD: CFNL) will replace American Greetings Corp. (NYSE: AM) in the S&P SmallCap 600 after the close of trading on Friday, August 9. American Greetings is being taken private in a transaction expected to be completed on or about that date.

Cardinal Financial provides banking products and services to commercial and retail customers.  Headquartered in McLean, VA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – August 9, 2013


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cardinal Financial

Financials

Regional Banking

DELETED

American Greetings

Consumer Discretionary

Housewares & Specialties

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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S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.  

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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907


SOURCE S&P Dow Jones Indices

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Morningstar - 2013/8/7 - Cardinal Financial to Join the S&P SmallCap 600
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