December 6, 2000 |
Standard & Poor's said Tuesday that it will add QLogic Corp., an Aliso Viejo designer of chips and circuit boards that link computers and data-storage systems, to its S&P 500 Index. S&P said in a press release that QLogic, already an S&P MidCap 400 component, will join two other newcomers, Vitesse Semiconductor Corp. and Stryker Corp., effective Monday. The companies will replace Polaroid Corp., Springs Industries Inc. and Russell Corp., all of which will move to the SmallCap 600 index.
September 24, 1996 |
None of the 10 biggest U.S. stock mutual funds is generating higher returns than the Standard & Poor's 500 index over the last three years. The funds, ranging from the $53.2-billion Fidelity Magellan Fund to the $15.2-billion Vanguard Windsor Fund, have all recorded lower gains than the S&P 500's annual return of 17.1% since September 1993, according to a report by Lipper Analytical Services Inc.