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Updated 26 Jan, 2011 07:31am

Standard & Poor's adding five companies to S&P 500 index

Infant formula maker Mead Johnson, which is splitting from Bristol-Myers Squibb Co will replace insurer and investment management company MBIA Corp. It said MBIA is ranked last in the S&P 500 and is no longer representative of the indicator's market capitalisation range. Payments processor Visa will replace telecommunications and network equipment company Ciena Corp.
Copyright Associated Press, 2009

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