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Friday S&P announced that Urban outfitters (NASDAQ:URBN) will be added to the S&P 500 Index on a specific date to be announced in the future. URBN is replacing Affiliated Computer Services (ACS) as ACS is being acquired by Xerox (NYSE:XRX) and is pending approvals.

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Urban Outfitters table replacing Affiliated Computer Services in S&P 500 Index

Source: Urban Outfitters Joins S&P 500