Chalk one up for the "old economy": Standard & Poor's said Monday it will add Pepsi Bottling Group (PBG) to the blue-chip S&P 500 index and drop Adaptec Inc. (ADPT).
Pepsi Bottling, the largest bottler of PepsiCo Inc. drinks, will join the index May 11. Tech firm Adaptec, which is spinning off its software unit Roxio Inc., will be transferred to the S&P SmallCap 600 index.
