NEW YORK - Two companies in the producer durable sector are being to be added to the Russell 1000 in this year's reconstitution of the large-stock index, while two in the sector are being removed.
Bucyrus International Inc. and Itron Inc. were added to the Russell 1000, both moving up from the small-stock Russell 2000.
HNI Corp. and Ryland Group Inc. were 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.

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