Reply To: Traders Market Weekly: Santa Brought Coal in 2022


S&P Announces Index Changes
– First Solar $FSLR Set to Join S&P 500;
– Fortune Brands Innovations $FBHS to Join S&P MidCap 400;
– MasterBrand $MBC to Join S&P SmallCap 600.
$FSLR 151.25▲ 0.97 (0.65%)
$FBHS 60.50▼ 1.41 (2.28%) After Hours
$SPX Update

Fortune Brands Home & Security, Inc. (NYSE: FBHS or “Fortune Brands” or the “Company”), an industry-leading home and security products company, today will host an Investor Day in advance of its planned separation into two world-class companies, which is expected to occur on December 14, 2022. Shortly after the separation of MasterBrand, Inc. (NYSE: MBC or “MasterBrand”), Fortune Brands will be changing its name to Fortune Brands Innovations, Inc., reflecting the Company’s focus on driving accelerated growth in its categories through brands and innovation.

As Fortune Brands and MasterBrand prepare to pursue independent paths, members of the senior leadership teams of both companies will present an update on each company’s strategic initiatives, growth plans and value creation drivers