NASDAQ Announces the Annual Re-ranking of the NASDAQ-100 Index
New York, December 9, 2005 — 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 re-ranking is a unique event in that investors ultimately determine which companies are members of one of the most closely followed indexes in the world,” said John L. Jacobs, executive vice president, NASDAQ. “The re-ranking process is objective, rules-based and transparent - one that ensures the NASDAQ-100 Index will continue to be an important benchmark by which you can invest in a diverse array of NASDAQ-listed companies.”
The following 12 issues will be added to the NASDAQ-100 Index: Google Inc. (NASDAQ: GOOG)...
Continue reading here...
(BTW, can anyone point out the four infelicities of grammar and/or syntax that occur in the second paragraph...? :-)
“The re-ranking is a unique event in that investors ultimately determine which companies are members of one of the most closely followed indexes in the world,” said John L. Jacobs, executive vice president, NASDAQ. “The re-ranking process is objective, rules-based and transparent - one that ensures the NASDAQ-100 Index will continue to be an important benchmark by which you can invest in a diverse array of NASDAQ-listed companies.”
The following 12 issues will be added to the NASDAQ-100 Index: Google Inc. (NASDAQ: GOOG)...
Continue reading here...
(BTW, can anyone point out the four infelicities of grammar and/or syntax that occur in the second paragraph...? :-)
posted by David M Gordon | 8:03 AM
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