Viacom Inc. (Nasdaq:VIAB) will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Wednesday, May 30, 2012. Viacom Inc. will replace Teva Pharmaceuticals Industries Ltd. (Nasdaq:TEVA).
Viacom Inc. is headquartered in New York, New York and has a market capitalization of approximately $22.9 billion. For more information about the company, go to www.viacom.com.
The NASDAQ-100 Index, launched in January 1985, is one of the most widely followed benchmarks in the world.
The NASDAQ-100 Index is also the basis of the PowerShares QQQ Trust (Nasdaq:QQQ) which aims to provide investment results that, before expenses, correspond with the NASDAQ-100 Index's performance. In addition, options, futures and structured products based on the NASDAQ-100 Index and the PowerShares QQQ Trust trade on various exchanges.