Century Telephone Enterprises

(CTL) - Get Report

will join 499 other stocks in the

S&P 500

on a not-yet-determined date. The company will replace



, which is merging with S&P 500 component


(NWL) - Get Report


Among other changes,



will replace Century Telephone in the

S&P MidCap 400

, and

Tower Automotive


will replace

Sequus Pharmaceuticals


in the

S&P SmallCap 600


In other postclose news (earnings estimates from

First Call

; earnings reported on a diluted basis unless otherwise specified):

Earnings/revenue reports and previews


(KSS) - Get Report

posted fourth-quarter earnings of 58 cents a share, a nickel above the 16-analyst outlook and ahead of the year-ago 43 cents. The company also announced plans to add 40 to 45 stores this year.

Phillips-Van Heusen

(PVH) - Get Report

recorded fourth-quarter earnings of 2 cents a share, a penny ahead of the six-analyst view but below the year-ago 20 cents.



reported fourth-quarter earnings of 18 cents a share, 1 cent higher than the three-analyst view but behind the year-ago 25 cents.

Mergers, acquisitions and joint ventures


(DELL) - Get Report

announced a deal with France's

Dassault Systemes


whereby its workstations will use Dassault's computer-assisted design software, widely used by engineers.

Offerings and stock actions


(CHIR) - Get Report

approved a 2.5 million-share buyback program.

Engineered Support Systems

(EASI) - Get Report

filed with regulators to offer 2.2 million shares.

Household International

(HI) - Get Report

said it will repurchase up to $2 billion in its stock over the next two years.


Johnson Worldwide


named Helen Johnson-Leipold chairwoman and chief executive. She replaces Ronald C. Whitaker, who resigned.