NEW YORK, Sept. 11, 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, September 21, 2009.
The following nine securities will be added to the Index: Bucyrus International, Inc. (Nasdaq:BUCY), Dreamworks Animation SKG, Inc.'s Class A Common Stock (Nasdaq:DWA), Green Mountain Coffee Roasters, Inc. (Nasdaq:GMCR) Linn Energy, LLC (Nasdaq:LINE), MICROS Systems, Inc. (Nasdaq:MCRS), Allscripts-Misys Healthcare Solutions, Inc. (Nasdaq:MDRX), Onyx Pharmaceuticals, Inc. (Nasdaq:ONXX), Palm, Inc. (Nasdaq:PALM), and United Therapeutics Corporation (Nasdaq:UTHR).
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 eight securities will be removed from the Index: Career Education Corporation (Nasdaq:CECO), Gentex Corporation (Nasdaq:GNTX), Gen-Probe Incorporated (Nasdaq:GPRO), Leap Wireless International, Inc. (Nasdaq:LEAP), Lincoln Electric Holdings, Inc. (Nasdaq:LECO), OSI Pharmaceuticals Inc. (Nasdaq:OSIP), Patterson-UTI Energy, Inc. (Nasdaq:PTEN), and VCA Antech, Inc. (Nasdaq:WOOF).
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 3,700 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.
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