Markit shuffles companies making up CDX.NA High Yield index

By Jennifer Chiou

New York, March 12 - Markit Group Ltd. announced changes to the composition of the series 14 roll of the Markit CDX North America High Yield index.

The removals include Celestica Inc., CIT Group Inc., Fairfax Financial Holdings Ltd. and L-3 Communications Corp.

The companies added are International Lease Finance Corp., iStar Financial Inc., MBIA Inc. and Weyerhaeuser Co.

Markit provides independent data, portfolio valuations and over-the-counter derivatives trade processing to the financial markets.

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