The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the quarterly reranking of the NASDAQ Q-50 Index(sm) (Nasdaq:NXTQ), which will become effective with the market open on Monday, September 22, 2008.
The following twelve securities will be added to the Index: Alexion Pharmaceuticals, Inc. (Nasdaq:ALXN), Central European Distribution Corporation (Nasdaq:CEDC), Compuware Corporation (Nasdaq:CPWR), Energy Conversion Devices, Inc. (Nasdaq:ENER), First Solar, Inc. (Nasdaq:FSLR), Myriad Genetics, Inc. (Nasdaq:MYGN), OSI Pharmaceuticals, Inc. (Nasdaq:OSIP), Scientific Games Corporation (Nasdaq:SGMS), Sohu.com Inc. (Nasdaq:SOHU), Strayer Education, Inc. (Nasdaq:STRA), Warner Chilcott Limited (Nasdaq:WCRX), and Woodward Governor Company (Nasdaq:WGOV).
The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index. The NASDAQ Q-50 Index is reranked on a quarterly basis. For more information about the NASDAQ Q-50 Index, including detailed eligibility criteria, visit www.NASDAQ.com.
As a result of the evaluation, the following eleven securities will be removed from the Index: ASML Holding N.V. (Nasdaq:ASML), BE Aerospace, Inc. (Nasdaq:BEAV), Ciena Corporation (Nasdaq:CIEN), LM Ericsson Telephone Company (Nasdaq:ERIC), JDS Uniphase Corporation (Nasdaq:JDSU), LKQ Corporation (Nasdaq:LKQX), Landstar System, Inc. (Nasdaq:LSTR), MICROS Systems, Inc. (Nasdaq:MCRS), Molex Incorporated (Nasdaq:MOLX), Shire Limited (Nasdaq:SHPGY) and tw telecom inc. (Nasdaq:TWTC). -- www.nasdaq.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
