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S&P 500 Drops Sears

Retailer has been part of index since it began in 1957

By John Johnson,  Newser Staff

Posted Aug 30, 2012 7:05 PM CDT

(Newser) – Observers of the S&P 500 might notice the absence of a familiar name starting Wednesday: Sears is being dropped from the index, after being a part of it since the S&P's creation in 1957, reports CNNMoney. One of the main reasons cited...   Read full story »

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