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NEW YORK, Dec 27 (Reuters) - Standard & Poors on Thursday said laboratory equipment maker Waters Corp. (WAT) will replace FMC Corp. (FMC), a chemicals company, in the S&P 500 index after the close of trading on Monday.

FMC Corp., which is spinning off FMC Technologies (FTI) to its shareholders, will replace Waters in the S&P MidCap 400 index, S&P said.

Shares of Waters fell $1.51, or 4 percent, to close down at $39.20 in Thursday New York Stock Exchange trade. FMC Corp. shares closed at $59, while FMC Technologies stock closed at $15.89 on the NYSE. REUTERS

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