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The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) NEW YORK, Sept. 15, 2008 (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 22, 2008.
The following twelve securities will be added to the Index: Alexion Pharmaceuticals, Inc. (Nasdaq:ALXN), Central European Distribution Corporation (Nasdaq:CEDC), Compuware Corporation (Nasdaq:CPWR), Energy Conversion Devices, Inc. (Nasdaq:ENER), First Solar, Inc. (Nasdaq:FSLR), Myriad Genetics, Inc. (Nasdaq:MYGN), OSI Pharmaceuticals, Inc. (Nasdaq:OSIP), Scientific Games Corporation (Nasdaq:SGMS), Sohu.com Inc. (Nasdaq:SOHU), Strayer Education, Inc. (Nasdaq:STRA), Warner Chilcott Limited (Nasdaq:WCRX), and Woodward Governor Company (Nasdaq:WGOV).
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 www.NASDAQ.com.
As a result of the evaluation, the following eleven securities will be removed from the Index: ASML Holding N.V. (Nasdaq:ASML), BE Aerospace, Inc. (Nasdaq:BEAV), Ciena Corporation (Nasdaq:CIEN), LM Ericsson Telephone Company (Nasdaq:ERIC), JDS Uniphase Corporation (Nasdaq:JDSU), LKQ Corporation (Nasdaq:LKQX), Landstar System, Inc. (Nasdaq:LSTR), MICROS Systems, Inc. (Nasdaq:MCRS), Molex Incorporated (Nasdaq:MOLX), Shire Limited (Nasdaq:SHPGY) and tw telecom inc. (Nasdaq:TWTC).
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
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CONTACT: The NASDAQ OMX Group, Inc. NASDAQ Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com NASDAQ Issuer and Investor Contact: Lisa Chaney +1.301.978.8281 Lisa.Chaney@NASDAQOMX.com