The NASDAQ 100 (NDAQ) is realigning, and as a result five equites are being removed from the index. The Nasdaq-100 Index is composed of the 100 largest non-financial stocks on The Nasdaq Stock Market. Sirius Satellite Radio remains ranked and within the NASDAQ 100.

Companies added to the index are:

Hologic Inc (NasdaqGS:HOLX)
Focus Media Holding Ltd (NasdaqGM:FMCN)
Hansen Natural Corp (NasdaqGS:HANS)
Steel Dynamics Inc (NasdaqGS:STLD)
Stericycle Inc (NasdaqGS:SRCL)

Companies Removed from te index are:

LM Ericsson Telephone Co (NasdaqGS:ERIC)
Patterson-UTI Energy Inc (NasdaqGS:PTEN)
Ross Stores Inc (NasdaqGS:ROST)
Sepracor Inc (NasdaqGS:SEPR)
XM Satellite Radio Holdings Inc. (NasdaqGS:XMSR)

(via Reuters)

Position - Long Sirius, XM.
No Position NASDAQ 100 Index, HOLX, FMCN, HANS, STLD, SRCL, ERIC, PTEN, ROST, SEPR.