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Russell 1000 adds 5 health care stocks



By AP
30 June 2008 @ 12:34 pm EST

NEW YORK - Five companies in the health care sector were added to the Russell 1000 in this year's reconstitution of the large stock index, while one stock in the sector was removed.

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Quotes
HOLX 14.59 -0.1
ILMN 27.98 -1.02
IMA 19.36 -2.11
PRGO 31.33 -1.17
BMRN 19.91 -2.7
PDLI 8.1 0.2

SYMBOL LOOKUP

Biomarin Pharmaceutical Inc., Hologic Inc., Illumina Inc., Inverness Medical Innovations Inc. and Perrigo Co. were added to the Russell 1000, all moving up from the small-stock Russell 2000.

PDL Biopharma Inc. was removed from the large-cap index and moved to the Russell 2000.

Tacoma, Wash.-based Russell Investments realigns the Russell 3000 index once per year, tracking what it maintains is 99 percent of the U.S. equity market. That index is then broken down to 26 smaller indexes, including the widely watched Russell 1000 index of large capitalization stocks.

The makeup of the Russell indexes for the next 12 months was finalized after the closing bell Friday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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