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Thermo Fisher Scientific Set to Join S&P 100; ServiceNow to Join S&P 500

November 20, 2019 GMT

NEW YORK, Nov. 19, 2019 /PRNewswire/ -- Thermo Fisher Scientific Inc. (NYSE:TMO) will replace Celgene Corp. (NASD: CELG) in the S&P 100, and ServiceNow Inc. (NYSE: NOW) will replace Celgene in the S&P 500 prior to the open of trading on Thursday, November 21. Bristol-Myers Squibb Co. (NYSE:BMY) is acquiring Celgene in a deal expected to be completed soon pending final conditions.

Thermo Fisher Scientific, headquartered in Waltham, MA, provides analytical and other instruments, laboratory equipment, software, consumables, reagents, instrument systems, chemicals, supplies, and services.

ServiceNow provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises. Headquartered in Santa Clara, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.

Following is a summary of the changes:

S&P 100 INDEX – November 21, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Thermo Fisher

Health Care

Life Sciences Tools & Services

DELETED

Celgene

Health Care

Biotechnology

S&P 500 INDEX – November 21, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

ServiceNow

Information Technology

Systems Software

DELETED

Celgene

Health Care

Biotechnology

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SOURCE Standard & Poor’s