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Green Mountain Coffee joining Nasdaq-100 index

NEW YORK (AP) -- Green Mountain Coffee Roasters Inc. will join the Nasdaq-100 index Thursday.

The Waterbury, Vt., company will also become part of the Nasdaq-100 Equal Weighted Index and the Nasdaq-100 Ex-Tech Sector Index, replacing Life Technologies Corp.

Last week Green Mountain reported a 59 percent jump in third-quarter net income, helped by stronger sales in the U.S. and lower coffee bean costs. It also issued a better-than-expected forecast for its fourth quarter and full year.

But shares have slid since then on weak revenue numbers.