NEW YORK, June 7, 2012 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Internet Composite Index and its two subindexes, the Dow Jones Internet Commerce Index and Dow Jones Internet Services Index.
Blue Nile, Inc. will be removed from the Dow Jones Internet Composite Index and subindex Dow Jones Internet Commerce Index and replaced by TripAdvisor, Inc.
InterNAP Network Services Corp., NIC, Inc. and RealNetworks, Inc. will be removed from the Dow Jones Internet Composite Index and subindex Dow Jones Internet Services Index and replaced by Equinix, Inc., LinkedIn Corp. Cl A and Rackspace Hosting, Inc.
The float-adjusted market capitalization of the reconstituted Dow Jones Internet Composite Index increased to US$437.92 billion from US$416.92 billion, as of June 6, 2012.
The changes will be effective after the close of trading on Friday, June 15, 2012.
The Dow Jones Internet Composite Index is a blue-chip measure of Internet-related companies. It is made up of 40 stocks: 15 from the Internet commerce sector and 25 from the Internet services sector. Only those companies that generate the majority of their revenues from the Internet are eligible for inclusion, and stocks are selected to the index based on float-adjusted market capitalization and liquidity. The index is reviewed on a quarterly basis and available in both price and total return versions.
Company additions to and deletions from the Dow Jones Internet Composite Index do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release.
About Dow Jones Indexes
Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is the marketing name for CME Group Index Services LLC, a joint venture company which is owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company, Inc. (www.dowjones.com), a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com).
"Dow Jones®", "Dow Jones Indexes", "Dow Jones Internet Composite Index" and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Internet Composite Index are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in the Dow Jones Internet Composite Index does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.
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