ARM Named to The Motley Fool NOW 50 Index.LOS GATOS Los Gatos (lôs gä`tōs, lŏs, găt`əs), city (1990 pop. 27,357), Santa Clara co., W Calif.; inc. 1887. It is an affluent residential community and health resort. , Calif.--(BUSINESS WIRE)--Dec. 17, 1999-- The Motley Fool unveiled the list of 50 companies that will make up its stock index, the NOW 50 -- ARM (Nasdaq:ARMHY) was named to this index for its fulfillment of the criteria of exceptional leadership in innovation, global branding, technology and strategic vision. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. The Motley Fool, the focus of the index is on businesses that are "representative of the best companies in the world." The Motley Fool NOW 50 Index will begin tracking the performance of the companies on the list on Jan. 3, 2000. In related news, ARM is being added to the Financial Times Stock Exchange (FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. ) 100 Index, a listing of the top 100 largest companies in the U.K., ranked by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . Currently, ARM is ranked No. 54, with a market capitalization of more than (pound)6 billion or $10 billion ((pound)0.62 for (US)$1). ARM will be included in the index beginning on Monday, Dec. 20, 1999. ARM ((LSE LSE - Language Sensitive Editor :ARM); (Nasdaq:ARMHY)) is a leading intellectual property (IP) provider, licensing high-performance, low-cost, power-efficient RISC processors, peripherals and system-on-chip (SoC) designs to leading international electronics companies. |
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