Semi-Annual Changes to the NASDAQ Technology Dividend Index
NEW YORK, Sept. 15, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the results of the semi-annual evaluation of the NASDAQ Technology Dividend Index (Nasdaq:NQ96DIVUS), which will become effective prior to market open on September 22, 2014.
The following fourteen securities will be added to the Index: ARM Holdings plc (Nasdaq:ARMH), China Unicom (Hong Kong) Limited (NYSE:CHU), Comtech Telecommunications Corp. (Nasdaq:CMTL), Epiq Systems, Inc. (Nasdaq:EPIQ), Linear Technology Corporation (Nasdaq:LLTC), Micrel, Incorporated (Nasdaq:MCRL), Nokia Corporation (NYSE:NOK), NetEase, Inc. (Nasdaq:NTES), Orange (NYSE:ORAN), SK Telecom Co., Ltd. (NYSE:SKM), Seagate Technology Public Limited Company (Nasdaq:STX), Telefónica, S.A. (NYSE:TEF), Telecom Argentina S.A. (NYSE:TEO), and West Corporation (Nasdaq:WSTC).
The Index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. The NASDAQ Technology Dividend Index is evaluated on a semi-annual basis. For more information about the NASDAQ Technology Dividend Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
As a result of the evaluation, the following seven securities will be removed from the Index: BCE Inc. (NYSE:BCE), China Mobile Limited (NYSE:CHL), STMicroelectronics N.V. (NYSE:STM), PT Telekomunikasi Indonesia Tbk (NYSE:TLK), Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), VimpelCom Ltd. (Nasdaq:VIP), and Vodafone Group Plc (Nasdaq:VOD).
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
Daily index values, weightings and historical data for NASDAQ OMX indexes are available via NASDAQ OMX Global Index Watch and NASDAQ OMX Global Index Data Service.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Media Contacts: Joseph Christinat, NASDAQ OMX +1.646.441.5121 Josh Machiz, NASDAQ OMX +22.214.171.12414 Issuer & Investor Contact: Natasha Selzer, NASDAQ OMX +1.301.978.8623
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