Bunge To Replace Signature Bank In S&P 500

Bunge Limited (BG) will replace Signature Bank (SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15, S&P Dow Jones Indices said in a statement.

The Federal Deposit Insurance Corporation (FDIC) announced that it has taken Signature Bank into FDIC Receivership and therefore Signature Bank is no longer eligible for inclusion, S&P Dow Jones Indices said.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
With a view to celebrate college basketball season, Domino's Pizza Inc. is offering customers 50% off all menu-priced pizzas ordered online today through March 26. The weeklong 50% off online deal is available on menu-priced pizzas ordered through Domino's online ordering channels. The U.S. Food and Drug Administration has denied marketing of two Vuse Solo brand menthol e-cigarette products currently marketed by R.J. Reynolds Vapor Co. The agency said the company must not market or distribute these unauthorized products in the U.S. or they risk FDA enforcement action. Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.
Follow RTT