NEW YORK, March 12, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Internet Composite Index and its two sub-indexes, the Dow Jones Internet Commerce Index and Dow Jones Internet Services Index.
ModusLink Global Solutions Inc. (United States, Industrial Goods & Services, MLNK) will be removed from the Dow Jones Internet Composite Index and sub-index Dow Jones Internet Services Index and replaced by NETGEAR Inc. (United States, Technology, NTGR).
The float-adjusted market capitalization of the reconstituted Dow Jones Internet Composite Index increased to US$158.38 billion from US$158.08 billion, as of March 10, 2009.
The changes will be effective after the close of trading on Friday, March 20, 2009.
The Dow Jones Internet Composite Index is a blue-chip measure of Internet-related companies. It is made up of 40 stocks: 15 from the Internet commerce sector and 25 from the Internet services sector. Only those companies that generate the majority of their revenues from the Internet are eligible for inclusion, and stocks are selected to the index based on float-adjusted market capitalization and liquidity. The index is reviewed on a quarterly basis and available in both price and total return versions.
Further information, as well as the complete component list of the Dow Jones Internet Composite Index, can be found on the Dow Jones Indexes Web site at http://www.djindexes.com.
Company additions to and deletions from the Dow Jones Internet Composite Index do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com.
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About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
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