Latest news with #Russell2000®Index
Business Wire
11-06-2025
- Business
- Business Wire
KORU Medical Systems to Join Russell 3000® and Russell 2000® Indexes
BUSINESS WIRE)-- KORU Medical Systems, Inc. (NASDAQ: KRMD) ('KORU Medical' or the 'Company'), a leading medical technology company focused on the development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, today announced that the Company is set to join the broad-market Russell 3000® Index and the small-cap Russell 2000® Index at the conclusion of the Russell indexes annual reconstitution, effective after the US market opens on June 30, 2025, according to a preliminary list of additions posted Friday, June 6, 2025. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell, the global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. 'We are honored to rejoin the broad-market Russell 3000® Index and, as a result, the small-cap Russell 2000® Index,' said Linda Tharby, President and CEO of KORU Medical. 'Our inclusion reflects the meaningful progress we've made in strengthening our business and advancing our growth strategy. This milestone not only increases our visibility among the investment community but also underscores our ongoing commitment to delivering long-term, sustainable value to our shareholders. We look forward to building on this momentum as we execute on key initiatives throughout the remainder of 2025.' Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes. For more information on the Russell 3000® Index, the Russell 2000® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About KORU Medical Systems KORU Medical Systems develops, manufactures, and commercializes innovative and patient-centric large volume subcutaneous infusion solutions that improve quality of life for patients around the world. The FREEDOM Syringe Infusion System (the 'Freedom System') currently includes the FREEDOM60® and FreedomEdge® Syringe Infusion Drivers, Precision Flow Rate Tubing™ and HIgH-Flo Subcutaneous Safety Needle Sets™. The Freedom System, which received its first FDA clearance in 1994, is used for self-administration in the home by the patient and/or delivery in an ambulatory infusion center by a healthcare professional. Through its Novel Therapies business, KORU Medical provides products for use by biopharmaceutical companies in feasibility/clinical trials during the drug development process and, as needed, is capable of customizing the Freedom System for clinical and commercial use across multiple drug categories. For more information, please visit Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including but not limited to those relating to the Company's inclusion in the Russell indexes. Actual results may differ materially from these statements due to potential risks and uncertainties such as changes to the preliminary list of additions to the Russell indexes published on June 6, 2025, as well as those risks and uncertainties included under the captions "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025 which is on file with the SEC and available on our website at and on the SEC website at All information provided in this release is as of June 10, 2025. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.
Business Wire
10-06-2025
- Business
- Business Wire
Security Benefit bolsters its flagship Foundations Annuity with New Indices and Index Accounts
TOPEKA, Kan.--(BUSINESS WIRE)--Security Benefit today announced the addition of index accounts based on three new indices to its flagship fixed index annuity (FIA), Foundations Annuity. The new indices represent international, technology, and small cap segments, as well as a simple Trigger Rate strategy benchmarked against the S&P 500 ®. With these new options, Foundations now features 15 different index-linked accounts featuring equities, bonds, commodities, and Treasury asset classes that allow advisors to align with their economic and market outlook. 'More asset classes means more ways to mirror your managed money strategies within the safety of an FIA,' said Toby Leonard, AVP, Product Development at Security Benefit. 'Diversification is key to a client's long-term asset mix. With Foundations, advisors can derisk portfolios by taking market loss off the table, allow for tax-deferred accumulation, and prepare for multiple scenarios with a protection-based product.' The global economic environment appears stable, though near-term risks remain. However, current trends could drive accelerated growth in markets over time: artificial intelligence, data center build-outs, reshoring of manufacturing, pharmaceutical development, space programs, and more. To tap into this long-term potential, Security Benefit added index accounts based on three well-known indices, each featuring an Annual Point to Point Index Account with a Cap: MSCI EAFE The MSCI EAFE Index is an equity index which captures large and mid-cap representation across Developed Markets countries around the world, excluding the US and Canada. The index covers approximately 85% of the free float-adjusted market capitalization in each country. Nasdaq-100® The Nasdaq-100 Index (NDX®) represents 100 of the largest, most dynamic non-financial companies listed on the Nasdaq Stock Market and some of the most innovative companies in the world. These companies are selected based on market capitalization and are renowned for their innovation, market leadership, and growth potential. NDX includes major players across various sectors such as technology, healthcare, consumer goods, and industrials, making it a comprehensive benchmark for growth-focused investors. Russell 2000® Small Cap The Russell 2000® Index measures the performance of the small-cap segment of the US equity universe. The Russell 2000® Index is a subset of the Russell 3000® Index representing approximately 7% of the total market capitalization of that index, as of the most recent reconstitution. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership. Trigger Rate Strategy* Additionally, Security Benefit has added a straightforward crediting strategy for clients benchmarked against the S&P 500. With the new Annual Point to Point Trigger Rate strategy, a Trigger Rate is established at term (6% is used as an example in the graph), and Index performance of 0% or higher credits the stated Trigger rate. 'Now, with the addition of these four new strategies, advisors have more asset classes from which to diversify clients' allocations within Foundations, with none of the associated market risk,' added Leonard. For more information: About Security Benefit SBL Holdings, Inc. ('Security Benefit'), through its subsidiary Security Benefit Life Insurance Company (SBLIC), a Kansas-domiciled insurance company that has been in business for 133 years, is a leader in the U.S. retirement market. Security Benefit together with its affiliates offers products in a full range of retirement markets and wealth segments for employers and individuals and held $55.1 billion in assets under management as of December 31, 2024. Security Benefit, an Eldridge Industries business, continues its mission of helping Americans To and Through Retirement ®. Learn more at and follow us on LinkedIn, Facebook, and X. SB-10064-29 FINANCIAL PROFESSIONAL USE ONLY - NOT FOR USE WITH CONSUMERS Annuities are issued by SBLIC in all states except New York. *The S&P 500 Annual Point to Point Index Account with Trigger Rate may not be available in all states. Visit for details. Security Benefit Life Insurance Company is not a fiduciary and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional. The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a fixed index flexible premium deferred annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations, and availability may vary by state. In Idaho, Foundations is issued on form ICC10 5800 (11-10). Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of and are not guaranteed or underwritten by any bank, savings and loan, or credit union or its affiliates; and are unrelated to and not a condition of the provision or term of any banking service or activity. Fixed index annuities are not stock market investments and do not directly participate in any equity, bond, other security, or commodities investments. Neither an index nor any fixed index annuity is comparable to a direct investment in the equity, bond, other security, or commodities markets. S&P Dow Jones Indices Disclaimer: The 'S&P 500,' 'S&P 500 Low Volatility Daily Risk Control 5% Index,' 'S&P Multi-Asset Risk Control (MARC) 5% Index,' and 'S&P 500 Factor Rotator Daily RC2 7% Index' are products of S&P Dow Jones Indices LLC or its affiliates ('SPDJI') and have been licensed for use by Security Benefit Life Insurance Company (SBL). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates ('S&P'); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ('Dow Jones'), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by SBL. The Foundations Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of purchasing the Foundations Annuity nor do they have any liability for any errors, omissions, or interruptions of the above named indices. Nasdaq-100® Disclaimer: Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and NDX® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the 'Corporations') and are licensed for use by Security Benefit Life Insurance Company The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). Russell 2000® Disclaimer: The Foundations Annuity (the 'Product') has been developed solely by Security Benefit Life Insurance Company. The Product is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the 'LSE Group'). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Russell® 2000 (the 'Index') vest in the relevant LSE Group company which owns the Index. 'Russell®' is a trade mark(s) of the relevant LSE Group company and is/ are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Product. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Product or the suitability of the Index for the purpose to which it is being put by Security Benefit Life Insurance Company. MSCI Disclaimer: The MSCI indexes are the exclusive property of MSCI Inc. ('MSCI'). MSCI and the MSCI index names are service mark(s) of MSCI or its affiliates and have been licensed for use for certain purposes by Security Benefit Life Insurance Company. The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based. The annuity contract contains a more detailed description of the limited relationship MSCI has with Security Benefit Life Insurance Company and any relevant financial products. No purchaser, seller or holder of this product, or any other person or entity, should use or refer to any MSCI trade name, trademark or service mark to sponsor, endorse, market or promote this product without first contacting MSCI to determine whether MSCI's permission is required. Under no circumstances may any person or entity claim any affiliation with MSCI without the prior written permission of MSCI.
Yahoo
09-06-2025
- Business
- Yahoo
Flotek Industries Added to Russell 3000® Index
HOUSTON, June 3, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced today that it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30th, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index as well as the applicable Russell growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily based upon objective, market-capitalization rankings and style attributes. "Joining the Russell 3000® Index marks another milestone in Flotek's ongoing success, building on three years of progress in creating a dynamic and innovative chemistry and data analytics company," said Dr. Ryan Ezell, CEO of Flotek. "This achievement further amplifies our shareholders' value by elevating our profile within the investment community. We're thrilled to continue sharing Flotek's vision with a broader investor audience through our addition to this prestigious index." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. About Flotek Industries, Inc. Flotek Industries, Inc. is a leading chemistry and data technology company focused on servicing the Energy industry. The Company's top tier technologies leverage near real-time data to deliver innovative solutions to maximize customer returns. Flotek has an intellectual property portfolio of over 130 patents, 20+ years of field and laboratory data, and a global presence in more than 59 countries. Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions, aiming to reduce the environmental impact of energy on land, air, water and people. Flotek is based in Houston, Texas and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit Forward-Looking Statements Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this press release. View original content to download multimedia: SOURCE Flotek Industries, Inc.
Associated Press
05-06-2025
- Business
- Associated Press
Crexendo Selected for Inclusion in the Russell 2000 and 3000 Indexes
PHOENIX, ARIZONA / ACCESS Newswire / June 5, 2025 / Crexendo, Inc. (Nasdaq:CXDO), an award-winning software technology company and premier provider of cloud communications platform software and unified communications as a service (UCaaS), today announced that it has been selected to be added to the small-cap Russell 2000® Index and the broad-market Russell 3000® Index following the 2025 annual reconstitution of the Russell indexes. This inclusion is based on the preliminary list of additions released by FTSE Russell on May 23, 2025. Final inclusion is subject to review and is expected to take effect after the U.S. markets open on June 27, 2025. Crexendo is currently a member of the Russell Microcap Index. The broad-market Russell 3000 Index includes the largest 3,000 U.S. public companies by market capitalization. The Russell 2000 Index is a subset of the broader Russell 3000 Index limited to small-cap companies. The indexes are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year. Index membership remains in place for one year and results in automatic inclusion in the relevant growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked against the Russell U.S. Indexes. 'This important milestone marks another important step in our continued growth and reflects the strong execution of our long-term strategy and is a testament to our commitment to enhancing shareholder value,' said Jeff Korn, Chairman and CEO of Crexendo. 'We believe inclusion in the Russell indexes will enhance our visibility in the investment community and broaden institutional awareness. It also validates the rapid growth of our platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider in North America according to Frost & Sullivan.' For more information about the Russell indexes and the annual reconstitution process, please visit the 'Russell Reconstitution' section on the FTSE Russell website. About Crexendo® Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over six million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering. For more information, visit Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as 'believe,' 'expect,' 'anticipate,' 'estimate,' and similar expressions. These statements reflect current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements include, but are not limited to Crexendo (i) believing this milestone marks another important step in its continued growth and reflects the strong execution of its long-term strategy; (ii) believing the inclusion is a testament to its commitment to enhancing shareholder value; believing inclusion in the Russell indexes will enhance visibility in the investment community and broaden institutional awareness; (iii) believing that the inclusion validates the rapid growth of its platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider. For a more detailed discussion of the risks that may impact Crexendo's operations and financial results, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements, except as required by law. Investor Contact: Doug Gaylor President and Chief Operating Officer [email protected] 602-732-7990 SOURCE: Crexendo, Inc. press release
Associated Press
03-06-2025
- Business
- Associated Press
Flotek Industries Added to Russell 3000® Index
HOUSTON, June 3, 2025 /PRNewswire/ -- Flotek Industries, Inc. ('Flotek' or the 'Company') (NYSE: FTK) announced today that it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30th, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index as well as the applicable Russell growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily based upon objective, market-capitalization rankings and style attributes. 'Joining the Russell 3000® Index marks another milestone in Flotek's ongoing success, building on three years of progress in creating a dynamic and innovative chemistry and data analytics company,' said Dr. Ryan Ezell, CEO of Flotek. 'This achievement further amplifies our shareholders' value by elevating our profile within the investment community. We're thrilled to continue sharing Flotek's vision with a broader investor audience through our addition to this prestigious index.' Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About Flotek Industries, Inc. Flotek Industries, Inc. is a leading chemistry and data technology company focused on servicing the Energy industry. The Company's top tier technologies leverage near real-time data to deliver innovative solutions to maximize customer returns. Flotek has an intellectual property portfolio of over 130 patents, 20+ years of field and laboratory data, and a global presence in more than 59 countries. Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions, aiming to reduce the environmental impact of energy on land, air, water and people. Flotek is based in Houston, Texas and its common shares are traded on the New York Stock Exchange under the ticker symbol 'FTK.' For additional information, please visit About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit Forward-Looking Statements Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the 'Risk Factors' section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this press release. View original content to download multimedia: SOURCE Flotek Industries, Inc.
