See more news releases in: Banking & Financial Services, Gambling & Casinos, New Products & Services
Two New Stocks Added to S-Network Global Gaming Index in Quarterly Rebalancing; One Stock Deleted
NEW YORK, March 10 /PRNewswire-FirstCall/ -- The S-Network Global Gaming Index(SM) (TICKER: WAGR) will add two new components, effective 6:00 PM (EDT) Sunday, March 21, 2010. One stock will be deleted from the index, changing the number of index components to 57. The changes result from the quarterly rebalancing of the index.
The additions to WAGR are:
Paddy Power PLC (TICKER: PWL ID)
Paradise Co Ltd. (TICKER: 034230 KS)
The deletion from WAGR is:
Universal Entertainment Corporation (TICKER: 6425 JP)
A complete list of constituents and weights will be posted on the S-Network Global Gaming Index(SM) website (http://gaming.snetglobalindexes.com/about_the_indexes.php) as of the effective date.
The S-Network Global Gaming Index(SM) is a capitalization-weighted, float-adjusted index of the most prominent gaming stocks in the world. To be included in the WAGR index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
The Index Committee today announced a change in index methodology relating to "Special Dividends" as follows: Any 'explicitly labeled' Special Dividend or any dividend larger than 10% of the equity price is considered a special dividend and requires a price and share adjustment to the company that issued the special dividend. The adjustment will be a market neutral event and will have no effect on the divisor.
Detailed information, including constituent data, rules and price information, on the S-Network Global Gaming Index(SM) is available at www.snetgamingindex.com. Data is also available through most vendors of financial data.
Index: S-Network Global Gaming Index(SM) (USD) TICKER: WAGR
Index: S-Network Global Gaming Index(SM) (EUR) TICKER: WAGRE
Contact: | |
Joseph LaCorte | |
S-Network Global Indexes, LLC | |
646-467-7927 | |
SOURCE S-Network Global Gaming Index
Back to top
RELATED LINKS
http://gaming.snetglobalindexes.com
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
PR Newswire Membership
Fill out a PR Newswire membership form or contact us at (888) 776-0942.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.
Featured Video
More in These Categories
Journalists and Bloggers
![]()
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Free Investing Newsletter from Investor Uprising!
Learn to navigate the world's financial system and profit from leading companies.
Register for Investor Uprising, the people's investment site, for a free weekly newsletter, information, education and premium research including our latest IU Confidential Report - "All The Glitters: The Ultimate Gold Report".
