Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

PVH to Replace Big Lots in S&P 500; CommVault Joins MidCap 400

Don't Miss Out —
Follow us on:

Feb. 7 (Bloomberg) -- Apparel company PVH Corp. will replace Big Lots Inc. in the Standard & Poor’s 500 Index on a date to be determined later, S&P said in a statement today.

Big Lots will take PVH’s spot in the S&P MidCap 400 Index, and CommVault Systems Inc. will replace Warnaco Group Inc. in that index. PVH, the New York-based owner of the Tommy Hilfiger brand, is acquiring Warnaco in a transaction expected to be completed soon, S&P said. Big Lots, the Columbus, Ohio-based discount retailer with a market value under $2 billion, is better suited for the midcap gauge, S&P said.

Titan International Inc. will replace CommVault Systems in the S&P SmallCap 600.

Primerica Inc. will take the spot of Shaw Group Inc. in the MidCap 400 benchmark after the close of trading on Feb. 12. Chicago Bridge & Iron Co. is buying Shaw Group in a deal expected to be completed around the date of the index change, the statement said.

To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net

To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.