In a release published on March 12, 2010 under the same headline by The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), note that the company name and ticker symbol for Sirius XM Radio Inc. (Nasdaq:SIRI) were incorrect. The corrected release follows:
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the quarterly reranking of the NASDAQ Q-50 IndexSM (Nasdaq:NXTQ), which will become effective with the market open on Monday, March 22, 2010.
The following eight securities will be added to the Index: Amylin Pharmaceuticals, Inc. (Nasdaq:AMLN), Gentex Corporation (Nasdaq:GNTX), Lincare Holdings Inc. (Nasdaq:LNCR), Micron Technology, Inc. (Nasdaq:MU), Rambus, Inc. (Nasdaq:RMBS), Sirius XM Radio Inc. (Nasdaq:SIRI), Vistaprint N.V. (Nasdaq:VPRT), and Windstream Corporation (Nasdaq:WIN).
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: CTC Media, Inc. (Nasdaq:CTCM), Endo Pharmaceutical Holdings, Inc. (Nasdaq:ENDP), LM Ericsson Telephone Company (Nasdaq:ERIC), Allscripts-Misys Healthcare Soultions, Inc. (Nasdaq:MDRX), Myriad Genetics, Inc. (Nasdaq:MYGN), Patterson-UTI Energy, Inc. (Nasdaq:PTEN), Strayer Education, Inc. (Nasdaq:STRA), and Techne Corporation (Nasdaq:TECH).
The PowerShares NXQ Portfolio (Nasdaq:PNXQ) is an exchange traded fund that seeks investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of the NASDAQ Q-50 IndexSM. The Advisors Asset Management NASDAQ Q-50 Index Portfolio SM (MFQS:AAMNAX), is a unit investment trust that seeks to provide above average total returns by investing in stocks included in the NASDAQ Q-50 Index.
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