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PVH Set To Join Samp;;P 500;; Big Lots, CommVault amp;; Primerica Set to Join Samp;;P MidCap 400

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  Published in House and Home on Thursday, February 7th 2013 at 15:31 GMT by Market Wire
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PVH Set To Join S&P 500; Big Lots, CommVault & Primerica Set... -- NEW YORK, Feb. 7, 2013 /PRNewswire/ --

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and the S&P SmallCap 600 indices:

• S&P MidCap 400 constituent PVH Corp. (NYSE: [ PVH ]) will replace Big Lots Inc. (NYSE: [ BIG ]) in the S&P 500, Big Lots will replace PVH in the S&P MidCap 400, S&P SmallCap 600 constituent CommVault Systems Inc. (NASDAQ: [ CVLT ]) will replace The Warnaco Group Inc. (NYSE: [ WRC ]) in the S&P MidCap 400, and Titan International Inc. (NYSE: [ TWI ]) will replace CommVault Systems in the S&P SmallCap 600 after the close of trading on a date to be announced. PVH is acquiring Warnaco Group in a deal expected to be completed soon pending final approvals. Big Lots has a market capitalization below $2 billion, making it more representative of the mid-cap market space.

• Primerica Inc. (NYSE: [ PRI ]) will replace The Shaw Group Inc. (NYSE: [ SHAW ]) in the S&P MidCap 400 after the close of trading on Tuesday, February 12. Chicago Bridge & Iron Company N.V. (NYSE: [ CBI ]) is acquiring Shaw Group in a transaction expected to be completed on or about that date pending final approvals.

PVH is an apparel company. Headquartered in New York, NY, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.

Big Lots operates as a broadline closeout retailer. Headquartered in Columbus, OH, the company will be added to the S&P MidCap 400 GICS General Merchandise Stores Sub-Industry index.

CommVault Systems provides data and information management software applications and related services. Headquartered in Oceanport, NJ, the company will be added to the S&P SmallCap 600 GICS Systems Software Sub-Industry index.

Titan International manufactures and sells wheels, tires, and assemblies for off-highway vehicles. Headquartered in Quincy, IL, the company will be added to the S&P SmallCap 600 GICS Construction & Farm Machinery & Heavy Trucks Sub-Industry index.

Primerica distributes financial products to middle income households. Headquartered in Duluth, GA, the company will be added to the S&P MidCap 400 GICS Life & Health Insurance Sub-Industry index.

Following is a summary of the changes:

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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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
[ dave_guarino@spdji.com ]
(201) 755-5334

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
[ david_blitzer@spdji.com ]
(917) 376-1204

SOURCE S&P Dow Jones Indices