NEW YORK, June 12, 2009 (GLOBE NEWSWIRE) -- 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, June 22, 2009.
The following fourteen securities will be added to the Index: Brocade Communications Systems, Inc. (Nasdaq:BRCD), Ctrip.com International, Ltd. (Nasdaq:CTRP), Discovery Communications, Inc.'s Series A stock (Nasdaq:DISCA), Dendreon Corporation (Nasdaq:DNDN), Gentex Corporation (Nasdaq:GNTX), Macrovision Solutions Corporation (Nasdaq:MVSN), NetEase.com, Inc. (Nasdaq:NTES), Penn National Gaming, Inc. (Nasdaq:PENN), Patterson-UTI Energy, Inc. (Nasdaq:PTEN), Sohu.com Inc. (Nasdaq:SOHU), Virgin Media Inc. (Nasdaq:VMED), Varian Semiconductor Equipment Associates, Inc. (Nasdaq:VSEA), Whole Foods Market, Inc. (Nasdaq:WFMI) and VCA Antech, Inc. (Nasdaq:WOOF).
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(r). 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 https://indexes.nasdaqomx.com/.
As a result of the evaluation, the following twelve securities will be removed from the Index: Immucor, Inc. (Nasdaq:BLUD), BioMarin Pharmaceutical Inc. (Nasdaq:BMRN), Discovery Communications, Inc.'s Series C stock (Nasdaq:DISCK), Itron, Inc. (Nasdaq:ITRI), Lincare Holdings Inc. (Nasdaq:LNCR), Landstar System, Inc. (Nasdaq:LSTR), Level 3 Communications, Inc. (Nasdaq:LVLT), National Instruments Corporation (Nasdaq:NATI), Onyx Pharmaceuticals, Inc. (Nasdaq:ONXX), Open Text Corporation (Nasdaq:OTEX), Sepracor Inc. (Nasdaq:SEPR), Silgan Holdings Inc. (Nasdaq:SLGN), Thoratec Corporation (Nasdaq:THOR) and United Therapeutics Corporation (Nasdaq:UTHR).
The NASDAQ Q-50 Index is the basis for the PowerShares NXQ Portfolio (Fund) (Nasdaq:PNXQ), which seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ Q-50 Index.
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design, development, calculation, licensing, and marketing of NASDAQ OMX Indexes. NASDAQ OMX Global Index Group specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX Global Index Group also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ OMX indexes, visit https://indexes.nasdaqomx.com/.
Access to essential historical index data for NASDAQ OMX indexes can be accessed from a single source, NASDAQ OMX Global Index Watch. For additional information, please visit https://indexes.nasdaqomx.com/indexwatch.aspx.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,800 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
CONTACT: The NASDAQ OMX Group, Inc. Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com Issuer and Investor Contact: Lisa Chaney +1.301.978.8281 Lisa.Chaney@NASDAQOMX.com