Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Other Topics > The Stock Market

Reply
 
Thread Tools Display Modes
  #1  
Old 12-09-2005, 09:59 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default NASDAQ Annual Re-ranking of the NASDAQ-100 Index

The Nasdaq Stock Market, Inc. (NASDAQ®; NASDAQ: NDAQ) announced today the annual re-ranking of the NASDAQ-100 Index®, effective with the market open on Monday, December 19, 2005.

The following 12 issues will be added to the NASDAQ-100 Index:
Google Inc. (NASDAQ: GOOG)
NII Holdings, Inc. (NASDAQ: NIHD)
Expedia, Inc. (NASDAQ: EXPE)
Patterson-UTI Energy, Inc. (NASDAQ: PTEN)
NVIDIA Corporation (NASDAQ: NVDA)
Urban Outfitters, Inc. (NASDAQ:URBN)
Cadence Design Systems, Inc. (NASDAQ: CDNS)
Activision, Inc. (NASDAQ: ATVI)
RedHat, Inc. (NASDAQ: RHAT)
Monster Worldwide, Inc. (NASDAQ: MNST)
CheckFree Corporation (NASDAQ: CKFR)
Discovery Holding Company (NASDAQ: DISCA)

As a result of the re-ranking of the NASDAQ-100 Index, the following 12 companies will be removed:
Career Education Corporation (NASDAQ: CECO)
Dollar Tree Stores, Inc. (NASDAQ: DLTR)
Intersil Corporation (NASDAQ: ISIL)
Invitrogen Corporation (NASDAQ: IVGN)
Level 3 Communications, Inc. (NASDAQ: LVLT)
Millennium Pharmaceuticals, Inc. (NASDAQ: MLNM)
Molex Incorporated (NASDAQ: MOLX)
Novellus Systems Inc. (NASDAQ: NVLS)
QLogic Corporation (NASDAQ: QLGC)
Sanmina-SCI Corporation (NASDAQ: SANM)
Synopsys, Inc. (NASDAQ: SNPS)
Smurfit-Stone Container Corporation (NASDAQ: SSCC)


Company briefs for the 12 stocks being added:

Google Inc. provides a web based search engine through its Google.com website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. The Mountain View, California, company had a market capitalization of $74.2 billion at the time of ranking.

NII Holdings, Inc. provides mobile communications for business customers in Latin America. The Company has operations in Mexico, Brazil, Argentina and Peru, offering a fully integrated wireless communications tool with digital cellular service, text/numeric paging, wireless Internet access, Nextel DirectConnect, a digital two-way radio feature, and International Direct Connect(SM). The Reston, Virginia, company had a market capitalization of $6.3 billion at the time of ranking.

Expedia, Inc. provides branded online travel services for leisure and small business travelers. The Company offers one-stop travel shopping and reservation services, providing real-time access to schedule, pricing and availability information for airlines, hotels, and car rental companies. The Bellevue, Washington, company had a market capitalization of $6.0 billion at the time of ranking.

Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. The Company conducts drilling operations in Texas, New Mexico, Utah, Oklahoma, Louisiana, and western Canada. Patterson-UTI is also involved in pressure pumping, oil and gas exploration and production, and drilling and completion fluids services. The Snyder, Texas, company had a market capitalization of $5.9 billion at the time of ranking.

NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company's products provide interactive 3D graphics to the mainstream personal computer market. The Santa Clara, California, company had a market capitalization of $5.7 billion at the time of ranking.

Urban Outfitters, Inc. operates retail stores and direct response, including a catalog and Web sites. The Company's Urban Outfitters and Anthropologie retail concepts sell fashion apparel, accessories, and household and gift merchandise. Urban also designs and markets young women's casual wear which it provides to the Company's retail operations and sells to retailers worldwide. The Philadelphia, Pennsylvania, company had a market capitalization of $4.7 billion at the time of ranking.

Cadence Design Systems, Inc. provides software technology and comprehensive design and consulting services and technology. The Company licenses its elec-tronic design automation software technology and provides a variety of pro-fessional services. Cadence's design realization solutions are used to design and develop complex chips and electronic systems, including semiconductors. The San Jose, California, company had a market capitalization of $4.5 billion at the time of ranking.

Activision, Inc. publishes, develops, and distributes interactive entertainment software. The Company's software is used for Microsoft Windows compatible personal computers and console game systems such as Sony PlayStation and Nintendo 64. Activision maintains publishing and development operations in the US, Canada, the UK, France, Germany, Japan, and Australia. The Santa Monica, California, company had a market capitalization of $4.3 billion at the time of ranking.

Red Hat, Inc. develops and provides open source software and services, including the Red Hat Enterprise Linux operating system. The Company's Web site offers open source software downloads, information and news and provides an online community of open source software users and developers. The Raleigh, North Carolina, company had a market capitalization of $4.1 billion at the time of ranking.

Monster Worldwide, Inc. is the parent company of Monster®, a global online careers and recruitment resource. The company also owns TMP Worldwide, a recruitment advertising agency network. Monster Worldwide has approximately 4,500 employees in 26 countries. The N.Y., N.Y. company has a market capitalization of approximately $3.9 billion at the time of ranking.

CheckFree Corporation provides electronic commerce products and services as well as software and investment services. The Company designs, develops, and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring transactions, and conduct secure transactions on the Internet. The Norcross, Georgia, company had a market capitalization of $3.9 billion at the time of ranking.

Discovery Holding Company through its subsidiaries, provides media management and network services to the media and entertainment industries. The Company also provides non-fiction entertainment. The Englewood, Colorado, company's Series A common stock had a market capitalization of $3.8 billion at the time of ranking.

Link to original release
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 03:55 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.