BANKING AND CREDIT NEWS-June 27, 2017-Cadence Bancorporation added to Russell Indexes
M2 EQUITYBITES-June 27, 2017-Cadence Bancorporation added to Russell Indexes
FTSE Russell determines membership for its Russell indexes
by objective, market-capitalization rankings and style attributes.
The third and fourth top-performing Russell Indexes
in 2012 where the Russell Eurozone Index and the Russell Emerging Markets Index, which rose 19 percent and 17.
SEATTLE -- Russell Investments and the Saudi Stock Exchange (Tadawul)--which accounts for half of the entire equity market capitalization and nearly three-quarters of the entire equity value traded of all Gulf Cooperation Council (GCC) stock exchanges--have signed an agreement under which Russell becomes authorized by Tadawul to offer Russell Indexes
on the Saudi market.
Being included in the Russell Indexes
shortly after our initial public offering is an honor and will help increase Shutterfly's visibility with investors," said Jeffrey Housenbold, president and chief executive officer of Shutterfly.
The global investment market has changed as skilled investors adopt an increasingly global outlook and seek to invest in the best stocks from around the world with less emphasis on company size or country of origin," said David Grieger, managing director, Russell Indexes
GeoMet completed its IPO on July 28, 2006 and is one of 26 companies that have recently completed IPOs in the third quarter and qualify for addition to the Russell Indexes
Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in additional Russell Indexes
We are pleased to be associated with the Russell indexes
, and we look forward to seeing broadened share ownership among institutions that rely on the Russell indexes
as a key part of their investment strategy.
E[acute accent]The President and Chief Executive Officer of Basin Water, Peter Jensen, said, "Being a new public company, we are pleased to be included in the Russell Indexes
and endeavor to continue the growth and leadership our company has experienced to date.
Annual reconstitution of the Russell indexes
captures the 3,000 largest U.