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March 16, 2010
Edited: March 21, 2010
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Yep, visit https://indexes.nasdaqomx.com
Nasdaq's 100 Index (IXF) has a "backup" list. Who knew? The Q-50 Index (NXTQ) is a quarterly revised list of candidates to replace Nasdaq 100 (IXF) Index listed companies that have to be removed from the IXF for any reason, takeovers, bankruptcy, etc ...
As of 12:39 PM ET 3/16/10 Nasdaq announced the candidates that will be added to the Q-50 as of Monday 3/22/2010 and the companies dropped from the Q-50.
The following, and Micron Tech (MU) is my favorite in the list, are being added to the Q-50 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 Holdings Inc. (Nasdaq:SIRI), Vistaprint N.V. (Nasdaq:VPRT), and Windstream Corporation (Nasdaq:WIN).
To make way for the additions, the following are being dropped from the Q-50: 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).
This is important, " need to know investor info ", as institutional investors that are modelling INDEX portfolios, funds, and ETF's after the IXF, may also, or will also, select from the Q-50 driving up prices of stocks being added to the list and knocking down prices of the companies being dropped.
Bonus time: Check out why MU is my favorite with the following:
(2) .... also: " New Crucial Energy-Efficient DDR3L 1.35v Server Memory Supports Latest Intel Platform " March 16, 2010 8:03 AM ET for the rest of the story:
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20100316&ID=11250128&Symbol=MU
(3) Market Report -- Short Stories (MU) March 12, 2010 9:23 AM ET
" Micron ests and tgt raised to $13 at Broadpoint AmTech on robust DRAM demand.... " for the rest of the story:
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=Bcom&Date=20100312&ID=11241711&Symbol=MU
