Lannett Set to Join the S&P SmallCap 600

NEW YORK, May 29, 2014 /PRNewswire/ -- Lannett Company Inc. (NYSE:LCI) will replace Zale Corp. (NYSE:ZLC) in the S&P SmallCap 600 after the close of trading on Monday, June 2. S&P MidCap 400 constituent Signet Jewelers Limited (NYSE:SIG) is acquiring Zale in a deal expected to be completed today.

Lannett develops, manufactures, packages, markets, and distributes generic versions of branded pharmaceutical products. Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification) Pharmaceuticals Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX - June 2, 2014
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Lannett	Health Care	Pharmaceuticals
DELETED	Zale	Consumer Discretionary	Specialty Stores

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