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Article: Arabian American Development Joins the Russell Microcap Index.
- Article from:
- Investment Weekly News
- Article date:
- July 18, 2009
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Arabian American Development Co. (NASDAQ:ARSD) announced that it has been added to the Russell Microcap(R) Index.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
Nick Carter, President and CEO, Arabian American Development, commented, "The addition to the Russell Microcap Index increases the credibility and the visibility of Arabian American Development Company within the investment community and validates our ...