Markit announces removals from LCDX North America index

By Laura Lutz

Des Moines, March 24 - Markit Group Ltd. announced eight removals from the Markit LCDX North America index, which is scheduled to roll on April 8.

Freeport-McMoRan Copper & Gold Inc.; Knight Inc.; Claire's Stores, Inc.; Insight Midwest Holdings LLC; Solo Cup Co.; Burlington Coat Factory Warehouse Corp.; Centennial Cellular Operating Co. LLC; and Education Management LLC are being removed.

In its announcement Thursday, Markit said that it expected to announce additions to the index within a few days.

The index rolls every six months.

Markit provides independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets.

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