NEW YORK (AP) — S&P Dow Jones Indices said Wednesday that biopharmaceutical company Regeneron Pharmaceuticals Inc. will replace MetroPCS Communications Inc. in the S&P 500, noting that the wireless carrier is being acquired by T-Mobile USA Inc.

MetroPCS is merging with T-Mobile, and the transaction is expected to leave the combined company's public float well below what it needs to be to qualify for inclusion in the S&P 500, S&P Dow Jones said.

Building products manufacturer Eagle Materials Inc. will take over Regeneron's spot in the S&P MidCap 400, while retail boutique chain operator Francesca's Holdings Corp. will slide into Eagle Material's place in the S&PSmallCap 600.

These company shifts will take place after the close of trading on Tuesday.

S&P will be making other changes at the end of trading May 1: Retailer CST Brands Inc., which is being spun off by Valero Energy Corp., will be sliding in onto the S&P MidCap 400.

CST is replacing Northern Oil and Gas Inc., which is moving to the S&P SmallCap 600 Index. In turn, Northern Oil and Gas will be taking the slot previously occupied by The Dolan Co.

Dolan is no longer representative of the small cap market space, S&P Dow Jones said.


Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.