Log in to your IBTimes Account

close
ID
Password

Russell 1000 adds 2 producer durable stocks



By AP
30 June 2008 @ 08:55 am EST

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.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
BUCY 25.63 -4.99
ITRI 75.95 -5.09
HNI 21.02 -1.41
RYL 17.54 -1.42

SYMBOL LOOKUP

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.

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 This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Debt insurers, say hello to government regulation. Say farewell to voluntary compliance and disclosure. Congress and financial regulators for the first t...
Wells Fargo said Wednesday its third-quarter profit fell 25 percent as it took hits on investments in troubled finance companies and increased its credit...
Landstar System Inc., which provides logistics services, said Wednesday third-quarter earnings rose 12 percent as revenue grew in most of its business ar...

Advertisement
Los angeles web design

Get your next web design project done with our los angeles web design team - Best web design with great price.

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives