(Bloomberg) -- Precision Castparts Corp., a maker of metal forgings used in jet engines, may replace MedImmune Inc. in the Standard & Poor's 500 Index, according to an analyst at Wachovia Capital Markets LLC.
Precision Castparts ``could be added to the benchmark S&P 500 index in the near term,'' analyst Gary Liebowitz wrote in a note to investors.
Read more at Bloomberg Stocks News
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