Sunday, September 5, 2010

Unitil Corporation Set to Join Russell 3000 Index

http://www.tradeleadscenter.com/buy/Automobile__automobile
June 15 /PRNewswire-FirstCall/ -- Unitil Corporation (NYSE: UTL) ( ) is set to join the broad-marker Russell 3000 Index when Russell Investments reconstitutes its comprehensives setof U.S. and global equity indexezs on June 26, according to a preliminary list of additionsa posted June 12on . "We are pleased that we have been listesd to join theRussell 3000," said Robert G. Schoenberger , Unitil's Chairman and Chief Executive "Membership in the Russell 3000 and the smalo cap Russell 2000 Index will continue to increase both the visibilituy and the liquidity inour stock.
" Membership in the Russell which remains in place for one means Unitil Corporation will be automatically includer inthe small-cap Russell 2000 as well as the appropriate growtjh and value style Russell determines membership for its equity indexes primarily by market-capitalization rankings and style attributes. The Russell 3000 also serves asthe U.S. componentg to the Russell Global Index, whichb Russell launched in 2007. Russelll indexes are widely used by investment managerz and institutional investors for index fundss and as benchmarks for both passive and activeinvestmenft strategies.
An industry-leading $4 trillion in assetws currently are benchmarked to Total returns data for the Russell 3000 and othef Russell indexes is availableat . Unitil is a publicv utility holding company with subsidiaries providing electric and natural gas distribution servicew in New Hampshireand Massachusetts, natural gas distributiojn service in Maine and energh services throughout the northeast. Unitilp serves approximately 170,000 utility customerz in three states. Its utility affiliatews include UnitilEnergy Systems, Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granite Statee Gas Transmission, Inc. Its other subsidiaries include UnitiplService Corp.
and its non-regulated business segment doing businessas Usource. Russell Investments provide s strategic advice, world-class implementation, state-of-the-art performance benchmarks and a rangeof institutional-qualityt investment products. Russell has $136 billion in assets under managemenrt as ofMarch 31, 2009, and serves individual, institutional and advisor clients in more than 40 Founded in 1936, Russell is a subsidiaruy of The Northwestern Mutual Life Insurance Company.
This pres release contains forward-looking statements, which are subject to the inherentf risks and uncertainties in predicting future results and All statements, other than statements of historical are forward-looking statements. Certain factors that couled cause the actual results to differ materiallh from those projected inthese forward-lookinf statements include, but are not limitefd to the following: our ability to integrate the operations, and personnel of Northerbn Utilities and Granite State and to achieve the estimater potential synergy savings attributable to our acquisition of thoses entities; our ability to retain existing customers and gain new variations in weather; majore storms; changes in the regulatory interest rate fluctuation and credit markeyt concerns; customers' preferences on energy sources; general economix conditions; increased competition; fluctuations in demand, transmission capacity and prices for energ y commodities; and customers' performance under multi-yeard energy brokering contracts, all of which are difficul to predict, and many of whichj are beyond the control of Unitil Corporation.
For more visit Unitil at at 603-773-6612. Corporate 6 Liberty Lane West Hampton, NH 03842-172 0 800-999-6501

No comments:

Post a Comment